Markets

US Cash Soymeal-Offers flat in Midwest; firmer in South

Published Updated

Offers were firmer in southern locations, with basis levels underpinned by downtimes at processors in the region as well as slow movement along railroads, a mid-South broker said.

Demand was light, a dealer at a processor in the Kansas City area said.

At 9:22 a.m. CDT (1422 GMT), Chicago Board of Trade August soymeal futures were down $3.80 at $317.20 a ton. The September contract was off $3.90 at $319.40 a ton.

 

 

Copyright Reuters, 2017