Soyameal on the European meals and feeds market was offered in a tight range on Thursday as the outlook for a bumper US soyabean harvest and stronger dollar was offset by concerns about rains in key US soyabean growing areas delaying the harvest.
"Chicago soyameal futures soared on the Midwest rains, reviving a weather market. Buyers on the European cash market still believe that even with some delays there will be ample supplies available," one broker said. South American soyameal was mostly offered between $1 a tonne down and $2 up from Wednesday.
Copyright Reuters, 2017
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