European feeds-Soyoil little changed due to lack of leads

ROTTERDAM: Soymeal offers on the European meals and feeds market were in a tight range on Friday in the absence of direction from Chicago markets after the Thanksgiving holiday on Thursday.

"The market overall was quiet ... as buyers still believe Chicago is overbought," one broker said. South American soymeal was offered between unchanged and $2 a tonne down from Thursday, while rapemeal was offered two to three euros per tonne lower.

Weaker rapeseed futures on technical selling and a slightly weaker dollar, which weighs on euro-priced products, pressured prices. Buyers showed little interest and no deals were reported.