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Today, Zhengzhou rapeseed meal futures opened higher and then rose.
Today, Zhengzhou rapeseed meal futures opened higher and then rose.
Canadian rapeseed futures market closed higher, with the benchmark contract up 1.1%, continuing Monday’s sharp rally.
Spot rapeseed meal prices slightly increased, from the supply side, in the next two weeks, oil mills in South China may initially stabilize then increase rapeseed meal production and supply, as Canadian rapeseed arrives gradually in late June.
From the demand side, livestock demand is waiting to be released, and the quality differences between crushed rapeseed meal and imported rapeseed meal may lead to price divergence, with feed enterprises mainly making necessary purchases.
Short-term fluctuations and adjustments. (Feed Industry Information Network)