ROTTERDAM: Soymeal on the European meals and feeds market continued to ease on Thursday following a sharp fall in CBOT soymeal futures on Wednesday on US harvest pressure and a gloomy global economic outlook with players eyeing Friday's fresh USDA quarterly stocks data. * "The European cash market dropped again substantially but buyers remain cautious, waiting for when and where the market will hit a bottom," one broker said.
* South American soymeal was offered between $7 and $14 a tonne down from Wednesday in sympathy with last night's CBOT soymeal futures close.
* October shipment Argentine high protein soymeal changed hands at $603.50 a tonne cif Rotterdam.
* Most other products were offered between five and eight euros per tonne down following the trend in soymeal and because of weaker rapeseed futures on harvest pressure and concerns about the global economy.
* EU rapemeal changed hands at 274 and 273 euros a tonne fob lower Rhine for October/January.
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