European feeds-Soymeal edges lower on positioning ahead of USDA data
Gdynia, December 7 (LSEG) - Soymeal on the European meals and feeds market edged lower on Thursday on positioning ahead of Friday's USDA supply/demand report.
South American soybean meal was offered between unchanged and $12 a tonne down also tracking a technical weakness in CBOT soymeal futures. A slightly easier dollar limited losses.
EU rapemeal was offered between three and five euros a tonne down in thin trade, with both buyers and sellers showing little interest to come to business ahead of Friday's USDA data. A lower dollar also weighed.