EU Rapemeal Prices
11/04/13 -- Rapemeal prices on the continent show little change today. MDA CropCast held their forecast for EU rapeseed production in 2013/14 unchanged from last week at 18.56 MMT, up almost 3% on last year. Crops in the UK and France should finally see some warmer temperatures this weekend. "This will help to finally accelerate rapeseed growth across the continent. Also, showers are beginning to return to France and Germany, which will improve soil moisture there," they say.
Guide prices, basis FOB Lower Rhine in euros/metric tonne, with change from previous session:
| Apr13 | 292.00 |
n/a |
| May13 | 288.00 |
unch |
| Jun/Jul13 | 285.00 |
+1.00 |
| Aug/Oct13 | 222.00 |
unch |
| Nov13/Jan14 | 224.00 |
unch |
| Feb/Apr14 | 225.00 |
unch |
| May/Jul14 | 220.00 |
-3.00 |
| Aug/Oct14 | 205.00 |
n/a |
