EU Rapemeal Prices

25/03/13 -- Rapemeal prices on the continent are generally a little easier today, in line with a softer tone to Chicago soymeal values on Friday which has been carried through into overnight trade. The EU Commission's MARS unit released their first estimates on 2013 yields today, pegging the average EU-27 rapeseed yield at 4.86 MT/ha, a fall of over 9% on last year.

Guide prices, basis FOB Lower Rhine in euros/metric tonne, with change from previous session:


Mar13
unq
n/a
Apr13
277.00
unch
May/Jul13
261.00
-1.50
Aug/Oct13
211.00
-1.00
Nov13/Jan14
212.00
-2.00
Feb/Apr14
212.00
-3.00
May/Jul14
210.00
-3.00