- South Korea's NOFI bought 55,000 MT of South American soymeal at 378 $/mt c&f for Aug-Sept shipment

- South Korea's KFA bought 12,000 MT of Indian rapeseed meal and 50,000 MT of soymeal for Nov shipment

- Still no confirmed resolution to Argentine crushers strike; soy trade at Rosario at a standstill for 6th day

- European consumers said to be 80% covered on meal for June and unconcerned about Argentine strikes

- Argentina has nearly tripled export taxes on biodiesel retroactively for April to 13.2%. It had cut the tax to 5% in March from 8.9% in February

- A key waterway in Brazil, Tiete-Parana, used to transport grains, pulp and other bulk goods will reopen in the second half of 2015 after it was closed since May 2014 due to drought