Monday, 1 July 2013
EU Rapemeal Prices
Posted on 03:10 by Unknown
01/07/13 -- Rapemeal prices on the continent are lower today. Nearby FH Jul has now slumped over EUR20/tonne in two days as old crop falls to meet new crop, even so it's still at a hefty near EUR80/tonne premium to Aug/Oct so more losses can be expected. US farmers will/have planted a record 77.7 million acres of soybeans the USDA tell us. The trade thinks that it's probably higher than that too.
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