Markets

European feeds-Soymeal narrowly mixed ahead of USDA data

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"Dealers were waiting for the USDA data and held back to see what the figures would bring and usually they then continue to wait for Chicago to close to see what CBOT traders make of it," one broker said.

South American soymeal was offered between $2 a tonne up and $4 down from Tuesday. Buyers showed little interest and no trades were reported.

EU rapemeal was quoted between unchanged and three euros per tonne lower, tracking easier rapeseed futures and a weaker dollar also weighed on euro-priced products. Bids were scarce and no deals were seen.

 

Copyright Reuters, 2017