US Cash Soymeal-Basis offers mixed in rail markets

16 Jul, 2018

Truck offers were mostly steady in subdued trade.

The National Oilseed Processors Association (NOPA) said its members crushed 159.2 million bushels of soybeans in June, down from 163.6 million in May, but up from the 138.1 million bushels crushed in June a year earlier.

Soymeal exports in June totaled 857,275 tons, compared with 904,941 tons exported in May and 562,684 tons in June 2017, NOPA said.

Chicago Board of Trade August soymeal futures settled up $3.10 at $329.10 a ton as soybeans closed higher, rebounding from contract lows.

Copyright Reuters, 2018
 

 

 

 

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