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Markets

US Cash Soymeal-Basis offers flat, demand light

Published Updated

CHICAGO: Spot basis offers for US soymeal were unchanged on Thursday in thin trading as demand remained light following the holiday season, dealers said.

The CME Group posted 514 deliveries against Chicago Board of Trade January soymeal futures late on Wednesday.

CBOT March soymeal futures were up $1.60 to $316.50 per ton as of 12:39 p.m. CST (1639 GMT).

Copyright Reuters, 2019
 

 

 

 

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