Markets

Soymeal up sharply after Friday's surprise CBOT rally

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South American soymeal was mostly offered between $7 and $15 a tonne higher, also supported by strong local markets in Brazil.

EU rapeseed was quoted between flat and 5 euros a tonne up, tracking gains in soymeal and underpinned by improved demand. Gains were capped by technical weakness in rapeseed futures, tracking a technical reversal in Chicago soybean futures after the steep gains on Friday.

Copyright Reuters, 2018