European soybean meal prices fell while rapeseed meal remained strong
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Last Update: 2002-08-09
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Source: Internet
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Author: User
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Lead: Reuters August 8 traders said the European feed market was trading moderately on Thursday morning, with further improvement in the US climate putting pressure on soybean meal But European rapeseed meal prices rose because of demand from trading banks and the need for mills to maintain their profits The price of granulated soybean meal in Latin America fell by 1-3 USD / ton, while the price of soybean meal in Europe fell by 3 USD / ton It is reported that the price of Argentine granular soybean meal arrived in Amsterdam on August 14 is 172 US dollars / ton CIF, and the price arrived in August is 169 US dollars / ton CBOT soybean meal futures fell $1.40 to $2.50 per ton on Wednesday, under pressure from expectations of cooler weather and sporadic rainfall in the Midwest The delivery price of European rapeseed meal in October is 121-122 euros / ton Analysts expect global production of rapeseed and rapeseed meal to decline due to poor weather conditions in Germany, Canada and China Oil world expects global rapeseed meal production to fall by 500000 tons to 20 million tons this year Although there were some sporadic transactions, most animal feed producers were on the sidelines before USDA released its supply and demand report (author:) share to feed Weibo share to:
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