"It was a boring day ahead of Ascension Day holiday mostly because a lack of fresh market moving news," one broker said. At 1630 GMT, CBOT soyaoil futures were between 0.05 cents per lb up and 0.11 cents lower pressured by wet weather in parts of the US Midwest, which may slow planting or prompt farmers to switch some corn acres to soyabeans. Easier energy markets also put pressure on the market. EU rapeoil was offered between three euros a tonne lower and two euros up, with new crop material supported by buying interest and due to slightly easier rapeseed futures, tracking lower Chicago soyabeans.
"It was a boring day ahead of Ascension Day holiday mostly because a lack of fresh market moving news," one broker said. At 1630 GMT, CBOT soyaoil futures were between 0.05 cents per lb up and 0.11 cents lower pressured by wet weather in parts of the US Midwest, which may slow planting or prompt farmers to switch some corn acres to soyabeans. Easier energy markets also put pressure on the market. EU rapeoil was offered between three euros a tonne lower and two euros up, with new crop material supported by buying interest and due to slightly easier rapeseed futures, tracking lower Chicago soyabeans.