EU Rapemeal Prices

30/05/12 -- Rapemeal prices on the continent are mostly a little easier today as EU crop conditions & prospects improve. 2013/14 prices are marked a little higher, but still offer substantial savings to the coming crop, with Aug/Oct 2013/14 a hefty EUR42/tonne discount to the same period in 2012/12.

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

Jun12
245.00
unch
Jul12
244.00
-1.00
Aug/Oct12
219.00
-1.00
Nov12/Jan13
217.00
-2.00
Feb/Apr13
216.00
-2.00
May/Jul13
208.00
-2.00
Aug/Oct13
177.00
+2.00
Nov13/Jan14
185.00
+2.00