European feeds: soyaoil little changed due to lack of leads

Soyameal 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 soyameal was offered between unchanged and $2 a tonne down from Thursday, while rapemeal was offered two to three euros per tonne lower.
Weaker rapeseeds futures on technical selling and slightly weaker dollar, which weighs on euro-priced products, pressured prices. Buyers showed little interest and no deals were reported.