EU Rapemeal Prices

Posted by Nogger - a legend in his own mind at 11:37 | Categorized as

03/09/13 -- Rapemeal prices on the continent are mostly a bit firmer today, although they are nowhere near reflecting substantial USD20 gains in soymeal overnight on the back of continued weather concerns for soybeans in the US.

Strategie Grains have increased their forecasts for EU-28 rapeseed and sunseed production this year to 20.8 MMT and 8.4 MMT respectively.

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

Sep13
220.00
+2.00
Oct13
222.00
+1.00
Nov13/Jan14
227.00
+2.00
Feb/Apr14
228.00
+2.00
May/Jul14
224.00
-1.00
Aug/Oct14
212.00
unch
Nov/Jan14
219.00
unch