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Rapeseed prices still depressed

Date Added: 04/03/2016

By Owen Cligg, Trading Manager, United Oilseeds

 UK rapeseed prices remain in the recent lower range as crush margins remain poor throughout Europe. Old crop ex farm prices are in a range of £245 to £255 ex farm, dependant on area and month of movement. Harvest prices are still close to £250 ex farm, as lower Ukrainian availability will restrict imports at harvest.

 US Soyabeans are showing good signs of strength as the Brazilian Real is appreciating, making Brazilian exports less competitive.

Whether this translates to better product values for rapemeal and rape oil remains to be seen.

 

Regards,

 

Owen

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