In a break from the general doom and gloom we can report that forward prices for soya and rape are much lower than current values.
Because of an increase in world stocks and a potential large crop in South America, Hipro soya has fallen slightly in price now but fall much more from May 2013.
Rapemeal is much tighter in the short term but falls in value from next August.
Whether this is the bottom in the market or further drops will materialise is a matter of opinion !! If you want to discuss this further or book some forward contact Jonathan in the office.

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