Markets

Soymeal easier on dollar, US/China trade dispute

Published July 4, 2018 Updated July 4, 2018 06:42pm

South American soymeal was mostly offered between unchanged and $4 a tonne lower, also pressured by a slightly firmer dollar which weighs on products quoted in the currency.

CBOT markets are closed on Wednesday for the US Independence Day holiday.

The stronger dollar and worries about dry weather in several rapeseed growing areas underpinned EU rapemeal. Asking prices were between unchanged and two euros per tonne up from Tuesday.

Copyright Reuters, 2018