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Today, Zhengzhou rapeseed meal futures opened lower, then fluctuated and rose.
Today, Zhengzhou rapeseed meal futures opened lower and then fluctuated upward after a decline. Canadian rapeseed futures closed lower, with the benchmark contract down approximately 0.45%, mainly due to long profit-taking. The spot market for rapeseed meal experienced oscillation and adjustment; initially, soymeal was near strong in the near term and weak in the distant term, while the cost-performance ratio of rapeseed meal recovered and demand expectations improved, leading to a sideways to slightly bullish trend in rapeseed meal prices. (China Feed Industry Information Network)