PARIS, Sept 23 (Reuters) - Prices on Europe's animal feed meal market were mixed on Friday, curbed by a weaker trend in Chicago futures as traders assessed the U.S. soybean harvest, which has been slowed down by rain.
Soybean Sv1 and soymeal SMv1 futures on the Chicago Board of Trade fell after a choppy week as investors weighed up the rain disruption in parts of the Midwest against progress elsewhere in gathering what is set to be a record crop. GRA/
In Europe, Argentine high protein soymeal for October/December delivery was offered $2 lower than Thursday at $366 a tonne CIF Rotterdam. Brazilian high protein soymeal for October/December was offered $5 lower at $397 a tonne CIF Rotterdam.
EU produced high protein soymeal for October was offered $1 higher at $371 a tonne FOB Rotterdam.
No significant trading was confirmed as traders awaited clearer direction for soy markets during the U.S. harvest.
EU rapeseed meal prices were marked up, with October delivery offered 1 euro higher at 189 euros a tonne FOB Lower Rhine.
Rapemeal drew some support from a two-week high for Euronext rapeseed futures COMc1 in the previous session, partly fuelled by strength in Canadian canola RSX6 following an agreement between Canada and China to resolve a canola shipping dispute. expeller prices were also firm, continuing a trend from earlier in the week, with October delivery offered up 1 euro at 111 euros a tonne.
Demand in Asia and New Zealand for the product used in cattle feed was supporting prices but the trend was discouraging European buyers, brokers said.