US Cash Soymeal-Rail, truck basis mostly steady; barges mixed

Slow demand and ample supplies kept a lid on prices, dealers said.

Basis bids for river barges loaded with soymeal for shipment to the Gulf Coast were $1 per ton higher to $1 lower, while export offers at the Gulf held steady.

At 10:49 a.m. CDT (1549 GMT), Chicago Board of Trade October soymeal futures were down $1.00 at $315.30 a ton.