Markets

Soymeal little changed in thin trade: European feeds

AMSTERDAM : Soymeal on the European meals and feeds market was little changed in thin trade on Monday as dealers looked
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"It was a quiet day, we are moving towards the holiday season," one trader said.

"There is a lot of uncertainty. Everyone will be looking for USDA report and the outcome of the euro zone summit for guidance."

South American soymeal was offered between $1 and $2 per tonne up from Friday, mostly following the trend in CBOT soymeal futures. Bids were scarce and no deals were reported.

Most other products were quoted flat to a little easier on slack demand and weak rapeseed futures.

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