Markets

European feeds-Soymeal eases on escalating US/China trade dispute

Published Updated

Expectations of a bumper US soybean harvest also weighed.

South American soymeal was offered between unchanged and $1 and $5 a tonne lower, also tracking last night's weaker CBOT soymeal futures close on the back of US/China trade war woes.

EU rapemeal was quoted between one and four euros per tonne down from Wednesday, tracking the weaker tone in soymeal and pressured by technical weakness in rapeseed futures.

Copyright Reuters, 2018