Markets

US Cash Soymeal-Basis offers flat, demand routine

Published Updated

Processor downtime for maintenance this month was likely to limit available supplies in the coming weeks but a record-large US soy crush for the months of March and February left ample soymeal stocks for now.

Chicago Board of Trade May soymeal futures were down $4.70 at $376.50 per ton, lowest since April 6, at 11:01 a.m. CDT (1601 GMT).

 

 

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