EU Rapemeal Prices

Posted by Nogger - a legend in his own mind at 10:59 | Categorized as

26/06/13 -- Rapemeal prices on the continent are mostly steadier today, in line with last night's gains in Chicago soymeal. Rapeseed prices however are completely on their arse, around EUR5/tonne lower on the French market again this morning, with Paris futures now threatening to break below EUR400/tonne for the first time since October 2010.

Topefer say that Germany's rapeseed crop will jump more than 19% this year to a second-highest on record 5.75 MMT.

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

FH Jul13
323.00
+2.00
LH Jul13
303.00
+2.00
Aug/Oct13
227.00
+3.00
Nov13/Jan14
217.00
+1.00
Feb/Apr14
215.00
+2.00
May/Jul14
213.00
unch
Aug/Oct14
199.00
unch