EU Rapemeal Prices
18/06/13 -- Rapemeal prices on the continent are mostly a little easier today following losses in soymeal values in the US last night, and warmer and drier in the weather in Europe improving new crop production prospects. AgriFood Canada estimate canola production there at 14.1 MMT this year, an increase of 6% on last year, despite a fall in planted area as yields rebound to more like normal levels.
Latest guide prices for EU rapemeal today, basis FOB Lower Rhine in euros/metric tonne, with change from previous trading session:
| Jun13 |
unq
|
n/a
|
| FH Jul13 |
unq
|
n.a
|
| LH Jul13 |
313.00
|
+1.00
|
| Aug/Oct13 |
236.00
|
-3.00
|
| Nov13/Jan14 |
227.00
|
-3.00
|
| Feb/Apr14 |
225.00
|
-3.00
|
| May/Jul14 |
223.00
|
-3.00
|
| Aug/Oct14 |
207.00
|
+1.00
|