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Soyameal on the European meals and feeds market rose on Friday, tracking technical gains in CBOT soyameal futures the day before after hitting lows on concerns over the escalating trade dispute between the United States and world's top soya buyer China. South American soyameal was mostly offered between $3 and $8 a tonne up from Thursday. Prices are usually fixed on CBOT's soyameal futures close the day before. EU rapemeal was mostly quoted between unchanged and three euros per tonne higher, tracking gains in soyameal. Technical weakness in rapeseed futures, following losses in CBOT soyabean futures on the back of profit-taking after a two-day rally, limited gains.

Copyright Reuters, 2018

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