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OilWorld Germany forecasts global rapeseed meal trade will reach a record in 2024/25 on rising supply. Global rapeseed meal production reached 43.9 million tonnes in 2023 and consumption is projected at a record 44.5 million tonnes in 2023/24.
Record trade volumes suggest ample meal supply that could cap rapeseed meal price gains, though rising consumption in India, China and the EU offsets some of that pressure.
ukragroconsult.comMay 30, 2024Not 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.
