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Last update: Sat, 13 Feb 2016 03pm
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Soymeal slightly firmer

soymeal 1ROTTERDAM: Soymeal on the European meals and feeds market was offered slightly firmer on Thursday with players trade thin due to the annual Dutch grain traders' dinner.

 

* "There was not much fresh news to make buyers or sellers keen to make much of a market today," one broker said.

 

* South American soymeal was offered between $1 and $4 a tonne up from Wednesday, mostly following CBOT soymeal futures and a weak dollar, which supported dollar-priced products.

 

* February delivery EU high protein soymeal changed hands at $573 and $575 a tonne fob Rotterdam.

 

* EU rapemeal was offered between one euro per tonne down and one euro up from Wednesday, mostly up with soymeal, but gains were limited by a weaker dollar, which weighs on euro-priced products and easier rapeseed futures.

 

Bids were scarce and no deals were reported.

 

Copyright Reuters, 2012