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Markets

US Cash Soymeal-Basis unchanged in light post-holiday trade

Published Updated

CHICAGO: Spot basis offers for soymeal were unchanged in the United States on Wednesday in thin trading after Tuesday's Christmas Day holiday, dealers said.

New buying was limited and dealers working with reduced staffs at soybean processors were focused primarily on shipping out existing orders, the dealers said.

Chicago Board of Trade March soymeal futures were down 90 cents to $310.90 per ton at 11:04 a.m. CST (1704 GMT).

Copyright Reuters, 2018
 

 

 

 

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