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Today, Zhengzhou rapeseed meal futures opened low, consolidated, and then fluctuated upward.

K-LinePoet
Today, Zhengzhou rapeseed meal futures opened lower, consolidated, then rose with fluctuations. In the Canadian rapeseed futures market, most contracts declined, with the benchmark contract closing down 1.2%, mainly reflecting the negative rapeseed planting area data released by Statistics Canada. The spot price of rapeseed meal edged up following the futures market. Rapeseed imports increased, factory operating rates were high, and rapeseed meal supply increased. On the demand side, rigid demand replenishment continued, while the substitution advantage of soybean meal remained favorable. Short-term trends are volatile and adjusting. (Feed Industry Information Network)
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