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European rapeseed futures traded in a wide range but closed mostly unchanged, with the May contract at 415.00 euros/t. Some rapeseed mills are not active for prompt deliveries or cannot accommodate short-term requests.
National average rapeseed meal offers stand at 285 euros/t, about 10 euros higher than early February.
Tight prompt rapeseed meal supply and firmer offers support meal prices for feed buyers relying on European protein. Soybean meal prices were steady, so the rapeseed meal tightness is a localized supply factor.
zmp.deFeb 29, 2024Not 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.
