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Today, Zhengzhou Rapeseed Meal futures opened lower and then fluctuated with adjustments.
Today, Zhengzhou rapeseed meal futures opened lower and adjusted with fluctuations. Canadian canola seed futures closed significantly down, with the benchmark contract closing down by about 5.04%, mainly reflecting the sharp decline in Chicago soybean and soybean oil futures. The spot price of rapeseed meal is stabilizing, and the South China region is gradually approaching the aquaculture stocking season. This year, the aquaculture stocking started earlier, which is expected to trigger demand sooner; additionally, after the widening price spread between soybean meal and rapeseed meal, rapeseed meal has returned to a favorable cost-performance ratio. (China Feed Industry Information Network)