EU Rapemeal Prices Up Again

27/03/13 -- Rapemeal prices on the continent are sharply higher for a second day running on tight soymeal availability and fears of crop damage in Europe. Seed prices are now at levels not seen since the end of November, say Agritel. They comment that a downward revision to acreage estimates in France could be on the cards due to winter damage.

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


Mar13
unq
n/a
Apr13
287.00
+6.00
May/Jul13
275.00
+9.00
Aug/Oct13
216.00
+3.00
Nov13/Jan14
219.00
+3.00
Feb/Apr14
219.00
+3.00
May/Jul14
217.00
+3.00