EU Rapeseed Meal Prices Jump Despite Crop Upgrade

22/08/13 -- Rapemeal prices on the continent are sharply higher for a second day in a row, despite Oil World raising their forecast for EU-28 rapeseed production from 20.5 MMT to 20.8 MMT - the second highest on record.

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

Aug13
212.00
+11.00
Sep/Oct13
212.00
+8.00
Oct13
215.00
+10.00
Nov13/Jan14
218.00
+9.00
Feb/Apr14
218.00
+9.00
May/Jul14
219.00
+11.00
Aug/Oct14
205.00
+6.00
Nov/Jan14
216.00
+11.00