CHICAGO: Spot basis offers for US soymeal were mostly unchanged in both the rail and truck markets on Friday, dealers said.
* End-user demand was light, as most livestock and poultry producers have booked enough orders to last them through Christmas, a dealer in the Kansas City market said.
* Although the basis was mostly steady, offers rose by $2 per ton in Mankato, Minnesota.
* On the export front, CIF bids for spot loadings were unchanged.
* Traders reported good nearby demand for US supplies from overseas buyers but said that export interest shifted to South America for deferred periods.
* At 8:45 a.m. CST (1445 GMT), Chicago Board of Trade January soymeal futures were down 10 cents at $307.60 a ton. The March contract was 20 cents lower at $311.80.

















Comments
Comments are closed for this article.