Soyameal falls on European feeds market

Soyameal on the European meals and feeds market eased on Thursday, tracking the previous day's weaker close for CBOT soyameal futures after profit-taking. South American soyameal was offered between $1 and $7 a tonne lower, with further pressure from a lack of demand, expected high Brazilian soyabean yields and follow-through selling in Chicago soyameal futures.
Rapemeal was offered between unchanged and 2 euros a tonne lower, tracking losses in soyameal and because of a lack of buying interest. Technical strength in rapeseed futures limited losses.