EU Rapemeal Prices

14/11/13 -- Rapemeal prices on the continent are lower today. The HGCA forecast the UK OSR area up 3% on last year at 740,000 ha, the second highest on record. Winter sown crops look far better than they did this time a year ago, so optimism should be high for a sharp rebound in production in 2014 even if it is early days yet.

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

Nov13
229.00
-2.00
Dec13/Jan14
230.00
-1.00
Feb/Apr14
229.00
-1.00
May/Jul14
214.00
-1.00
Aug/Oct14
205.00
-4.00
Nov14/Jan15
208.00
-2.00
Feb/Apr15
208.00
-3.00