date:Jun 23, 2014
Soyameal on Europe's animal feed market was mostly weaker on Friday, pushed down by a combination of falling US soyameal futures and slack demand. The markets were pretty quiet today and I saw no major trading, one soyameal dealer said. Buyers are hoping for more price falls in Chicago as a large US soyabean crop approaches and were often on the sidelines today.
Benchmark Chicago soyameal prices had closed down on Thursday on technical factors including unwinding of soyameal/soyaoil spreads an