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German rapeseed meal prices rose above 500 euros per tonne in April, reaching parity with soybean meal for the first time. The report is a feed price update from the German market.
Rapeseed meal reaching soybean meal parity shifts feed formulation toward soymeal substitution or rapeseed meal depending on relative value, supporting European protein prices.
zmp.deApr 8, 2022Not 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.
