date:Sep 22, 2013
, compared with $500-$505 last week, while rival South American soymeal values have eased following a decline in the U.S. futures.
U.S. soymeal futures slid more than 5 percent this week, tracking weakness in the soybean market, which lost ground on forecasts for crop-friendly weather that is expected to aid the development of late-planted soybeans.
The Indian rupee hit its highest in nearly five weeks on Thursday, as the U.S. Federal Reserve's decision not to dial back its easy money policy i