CHICAGO: Soymeal spot basis offers were steady to higher at truck markets around the United States on Monday as a soymeal futures rose 1 percent in a broad commodities rally.
* Some producers purchased soymeal early Monday despite firming cash prices, dealers said.
* Even as soymeal futures rose 1 percent on Monday, soymeal futures were still more than 3 percent lower than a week ago.
* Most end users remained bearish and waited for lower cash prices, dealers said.
* Truck soymeal offers rose by 1 cent at two processors in Iowa and by 2 cents at a processor in Kansas City.
* CBOT grains and soy rose with US stocks as the US dollar slipped amid possible plans for the euro debt crisis.
* CBOT December soymeal was up $3.50 at $286.20 per ton, as of 11:18 a.m. CST (1735 GMT).
* The CBOT January board crush rose 1-1/2 cents to 50-1/2 cents per bushel.
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