EU Rapemeal Prices

Posted by Nogger - a legend in his own mind at 10:52 | Categorized as

10/05/13 -- Rapemeal prices on the continent are mixed, with old crop lower and new crop firmer today after the markets were closed yesterday for a holiday. There may be a bit of protection being built in to the new crop levels ahead of tonight's USDA report

MDA CropCast yesterday forecast the EU 2013 rapeseed crop up 3% on last year, with Canadian output is seen rising 11.4%.

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

May13
305.00
unch
Jun13
300.00
-1.00
Jul13
295.00
-4.00
Aug/Oct13
225.00
+3.00
Nov13/Jan14
224.00
+4.00
Feb/Apr14
224.00
+4.00
May/Jul14
222.00
+4.00