China's Domestic Rapeseed Meal Price Hikes amid Low Supply China's rapeseed meal prices continued to rise the week of 19 August and reached $522.88-$555.55/MT, an $8.17/MT increase week-on-week. Low domestic supplies are to blame for the cost hike. The price gap between soymeal and rapeseed meal is within a historically small range at merely $114/MT. According to some feed millers, they are having difficulty purchasing rapeseed meal, even in regions that produce it, and are looking at options to replace the rapeseed meal in their feed formula.There are several factors contributing to the market's tight rapeseed meal supply:
China's rapeseed output decreased for the third straight year to 12.8 MMT in 2012/13, over 9 percent do...
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