US Cash Soymeal-Rail, truck offers mostly steady; barges firm

CHICAGO: Spot basis soymeal offers were mostly steady at interior rail and truck locations around the United States on Monday and firmer in the barge market that supplies Gulf Coast exporters, dealer said.

* Most domestic end users have enough supplies on hand from their previously booked orders, keeping demand light, a dealer said.

* Basis bids and offers for barges loaded with soymeal were $1 to $3 higher, but export offers at the Gulf remained unchanged.

* At 12:18 p.m. CDT (1718 GMT), Chicago Board of Trade October soymeal futures were up $1.90 at $316.60 a ton.