Soaring soybean meal prices in Europe
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Last Update: 2002-07-23
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Source: Internet
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Author: User
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Introduction: European soybean meal prices soared on Monday, supported by the surge in US futures prices in overnight electronic trading in Asia, and trade in the European feed market stalled on Monday due to concerns that gains would fall after the US resumed Soybean futures soared as much as $4.80 per ton in CBOT electronic trading at 1205 in Greenwich on concerns of drought and temperature damage to soybean crops in the Midwest In the European market, the price of granular soybean meal in Latin America soared by 3-6 US dollars / ton, while that in Europe rose by 4-5 US dollars / ton Other commodities were not affected by the overnight rise in soybean oil prices Argentine soybean meal rose 1-2 US dollars / ton, while European rapeseed meal prices remained flat to rise by 2 euros / ton (author:) share to feed Weibo share to:
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