CHICAGO: Spot basis offers for US soymeal on Tuesday were flat at truck and rail market locations on tepid end-user demand due to adequate inventories, dealers said.
Chicago Board of Trade (CBOT) soybean meal futures at 12:23 p.m. CST (1823 GMT) were down $3.50 at $314.00 a ton, pressured by lower CBOT soybean futures on caution ahead of Friday’s US Department of Agriculture monthly supply/demand data.
Source: Brecorder.com
