* Rising prices for competing feeds such as the corn ethanol byproduct distillers' grains (DDGs) have pushed more demand to soymeal. But new buying has been light in the holiday-shortened trading week.

* Dealers have been rolling offers to Chicago Board of Trade March soymeal futures from the January contract. Basis figures have stayed nearly the same during the roll, in effect lifting prices by the roughly $4.50 per ton difference in the contracts.

* CBOT March soymeal futures were up 40 cents to $308.30 per ton at 11:24 a.m. CST (1724 GMT).