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European feed commodity commentary reports that soybean meal in Chicago is trading between $270 and $290 per ton and is stable. Rapeseed meal prices have fallen sharply, particularly for July and August-October delivery, while sunflower meal is slowly declining.
The euro is near 1.17 against the dollar, making soybeans attractively priced.
Falling rapeseed and sunflower meal prices and a favorable euro support soybean meal's competitiveness in European compound feed. Substitution toward rapeseed meal may be limited as its prices remain high relative to soy.
demolenaar.nlRedactie De MolenaarJul 9, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
