EU Rapemeal Prices

Posted by Nogger - a legend in his own mind at 11:20 | Categorized as

04/06/13 -- Rapemeal prices on the continent are mixed, with old crop months sharply higher for a second session in a row, although buyers are few and far between.

Possibly this is on the back of German flooding and  in anticipation that this year's harvest is going to be later than normal? New crop prices are easier, taking out some of the protection built in yesterday, in line with losses in overnight soymeal values.

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

Jun13
312.00
+6.00
FH Jul13
310.00
+10.00
LH Jul13
290.00
-5.00
Aug/Oct13
240.00
-1.00
Nov13/Jan14
236.00
-1.00
Feb/Apr14
234.00
-2.00
May/Jul14
230.00
-3.00
Aug/Oct14
210.00
-3.00