EU Rapemeal Prices

09/07/13 -- Rapemeal prices on the continent are mostly unchanged, with a couple of small adjustments to the nearby positions as July and Aug attempt to converge a bit closer together. The French Farm Ministry estimate OSR production there this year will fall 18.5% to 4.4 MMT.

German output however is expected to rise 21% to 5.8 MMT, according to Oil World, as the two countries swap places at the head of the EU-28 rapeseed production table.

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

FH Jul13
280.00
n/a
LH Jul13
270.00
-5.00
Aug13
224.00
+3.00
Sep/Oct13
215.00
unch
Nov13/Jan14
210.00
unch
Feb/Apr14
208.00
unch
May/Jul14
205.00
unch
Aug/Oct14
190.00
unch