Feed meal prices fell in Europe on Tuesday
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Last Update: 2001-10-19
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Source: Internet
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Author: User
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Introduction: on Tuesday, European feed meal sellers' prices fell due to the fall of CBOT soybean meal futures on Monday, with most buyers reluctant to trade in the hope that prices will fall even lower Many European buyers believe the downward pressure from USDA's bearish production estimates for soybeans on Friday will continue, leading to further price declines FOB Rotterdam's October high protein soybean meal seller offer fell $5 to $210 per ton South American soybean meal prices also fell on the day In October, Brazilian soybean meal, based on CIF Rotterdam, fell $3 to close at $199 / T, while Argentine soybean meal, also CIF Rotterdam, fell $4 to $178 / T The seller's offer for FOB Rhine rapeseed meal for October delivery fell 0.40 mark to close at 29.35 mark / 100 kg.
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