Soyameal prices firmer on European feeds market

Soyameal prices on the European meals and feeds market were slightly firmer on Tuesday because of a dip in the dollar after CBOT soyameal futures closed barely changed from the day before. "It was mostly currencies that gave direction to prices as it seemed bearish sentiment ran out of momentum," one broker said. South American soyameal was mostly offered at between $1 a tonne down and $2 up from Monday as the weaker dollar supported prices quoted in that currency. Buyers were holding back expecting prices to drop again soon on South American harvest pressure. No business was seen.