European feed market focus on USDA crop rating report on Tuesday
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Last Update: 2001-08-09
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Source: Internet
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Author: User
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Introduction: Trading in the soybean meal market in Rotterdam and Hamburg was quiet again on Tuesday Traders said the market was concerned about the USDA's crop progress report, released Monday afternoon, which unexpectedly downgraded corn and soybeans The vast majority of European soybean meal consumers pulled out on Tuesday, looking forward to Chicago's response to the report Most European soybean meal prices have risen between $1 and $3 per ton, depending on where they are, with calm trading.
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