EU Rapemeal Prices

30/01/13 -- Rapemeal prices on the continent are a little higher in old crop monthss following decent gains last night and again this morning in Chicago soymeal. Reports of vessels already backing up in Brazil waiting to load soybeans and corn look like keeping nearby premiums in the market for some time.

Latest guide prices for EU rapemeal today, basis FOB Lower Rhine in euros/metric tonne, with change from previous trading session:


Feb13
275.00
+2.00
Mar/Apr13
270.00
+3.00
May/Jul13
244.00
+2.00
Aug/Oct13
201.00
-1.00
Nov13/Jan14
203.00
-1.00
Feb/Apr14
205.00
+1.00
May/Jul14
203.00
+1.00