EU Rapemeal Prices

08/05/13 -- Rapemeal prices on the continent are a bit firmer today, after posting a sharp correction yesterday, reflecting last night's rise in soymeal values in Chicago.

Oil World yesterday downgraded their view on EU-28 rapeseed production from 20.2 MMT last week to 19.8 MMT, a drop of 3% on last year.

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

May13
305.00
+1.00
Jun13
301.00
+1.00
Jul13
299.00
+3.00
Aug/Oct13
222.00
+3.00
Nov13/Jan14
220.00
+2.00
Feb/Apr14
220.00
+2.00
May/Jul14
218.00
+2.00