ROTTERDAM, May 22 (Reuters) - Soymeal on the European meals and feeds market rallied on Thursday in sympathy with CBOT soymeal futures on tight old crop U.S. soybean stocks and strong weekly exports.
* "The European cash market tracked Chicago soymeal higher, but buyers were not willing to pay the higher prices as the global oilseed supply outlook is not really gloomy," one broker said.
* South American soymeal was mostly offered between $8 and $14 a tonne up from Wednesday, following the trend in CBOT soymeal futures.
* EU rapemeal was quoted between one and three euros per tonne higher, tracking stronger soymeal and firmer rapeseed futures, which in its turn followed CBOT soybeans on good weekly exports. Bids were scarce and no deals were reported.
(Reporting by Karel Luimes, editing by David Evans)
((Karel.Luimes@thomsonreuters.com)(+31 10 426 61 44 Fax +31 10 426 94 31)(Reuters Messaging: karel.luimes.thomsonreuters.com@reuters.net))
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Keywords: MARKETS FEEDS EUROPE REPORT




















