Europe accelerates soybean meal sales
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Last Update: 2002-07-01
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Source: Internet
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Author: User
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Lead: Amsterdam, June 28 (Reuters) - European feed markets accelerated soybean meal sales on Friday afternoon amid concerns that data from the U.S Department of agriculture will impact the market Traders and animal feed producers took profit on Latin American soybean meal ahead of the USDA data The data shows that soybean planting area in the United States is extremely low, which makes CBOT futures soar in opening The transaction price of Argentine soybean meal delivered in July / September is 176 US dollars / ton, the transaction price in October / December is 174-176 US dollars / ton, and the transaction price in January / March is 176-177 US dollars / ton The transaction price of Brazilian granular soybean meal arrived in Amsterdam on Friday was 187 US dollars / ton, 185 US dollars / ton in June, 185 US dollars / ton in July / September and 187 US dollars / ton in August / September Friday morning continued the upward trend of U.S futures on Thursday, while European soybean meal prices rose Many buyers want prices to fall after the USDA data and the dollar to continue to weaken The prices of Brazil and Argentina's granular soybean meal rose by 2-3 US dollars / ton, while Europe's soybean meal rose by 2-5 US dollars / ton The price of European rapeseed meal remained stable to rise by 1 euro / ton, but Argentina's sunflower meal price was stable (author:) share to feed Weibo share to:
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