EU Rapemeal Prices

04/05/12 -- Rapemeal prices on the continent are down for a second day today. Recent rains in Western Europe are hoped to have improved rapeseed production prospects for 2012. Hot and dry Eastern Europe is also set for a cool down and a decent shot of rain across the weekend and into the early part of next week.

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

May12
258.00
n/a
Jun/Jul12
258.00
-2.00
Aug/Oct12
214.00
-3.00
Nov12/Jan13
216.00
-2.00
Feb/Apr13
216.00
-2.00
May/Jul13
203.00
-2.00
Aug/Oct13
177.00
unch
Nov13/Jan14
185.00
unch