Today, Zhengzhou rapeseed meal futures opened higher and then fluctuated downward.

Today, Zhengzhou rapeseed meal futures opened higher and then fluctuated downward. Canadian rapeseed futures rose, with the benchmark contract closing up 1.6%, mainly reflecting serious delays in spring sowing on the Great Plains, limited farmer sales, and a weak Canadian dollar exchange rate. The spot price of rapeseed meal declined slightly, with the operating rate of coastal crushing plants rising and rapeseed crushing volume increasing. Downstream aquaculture demand is gradually recovering, and rapeseed meal trading volume slightly expanded. Under the dual increase in supply and demand, spot prices mainly declined along with the market. (Feed Industry Information Network)
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