EU Rapemeal Prices Continue To Rise

27/03/12 -- Rapemeal prices on the continent continue to rise in line with steep gains in Chicago soybeans and meal this past couple of days. With attention now starting to focus on potential crop losses due to drought, new crop posts gains on old crop today.

Guide prices, basis FOB Lower Rhine in euros/metric tonne, with change from previous day:
















































Mar12
unq
n/a
Apr12
233.00
+3.00
May/Jul12
223.00
unch
Aug/Oct12
192.00
+3.00
Nov12/Jan13
194.00
+4.00
Feb/Apr13
196.00
+4.00
May/Jul13
192.00
+5.00
Aug/Oct13
167.00
unch
Nov13/Jan14
176.00
unch