EU Rapemeal Prices

02/05/13 -- Rapemeal prices on the continent are a bit easier today, reflecting last night's sharp decline in soymeal values in Chicago.

Some improvement in new crop rapeseed production prospects in the EU may also be a factor, although rapemeal asking prices still look historically expensive relative to soymeal.

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

May13
318.00
-2.00
Jun13
312.00
-2.00
Jul13
310.00
-2.00
Aug/Oct13
228.00
-4.00
Nov13/Jan14
228.00
-4.00
Feb/Apr14
228.00
-4.00
May/Jul14
225.00
-3.00