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U.S. Cash Soymeal-Offers flat as futures spike chills demand

Apr 13, 2016· CHICAGO, April 13 (Reuters) - Soymeal basis offers were mostly steady at U.S. rail, truck and export markets on Wednesday as soymeal futures rose sharply for the fourth straight session, limiting demand to routine purchases, dealers said. * Declining bids for soybeans at processing plants could weigh on soymeal offers in the coming days, as crushers continued to buy large volumes of beans …

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Nevetheless, that $21/mt differential remains a long way off the $96/mt seen in October at the height of the trade war, and European crushers who buy imported beans will be keen to see how far that differential can grow. Unless things change dramatically, it's hard to see why anyone in Europe would buy non-US beans.

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Nov 15, 2018· CHICAGO: Basis offers for truck- and rail-delivered US soymeal were mostly steady to higher on Wednesday as rising costs for soybeans lifted asking prices for the animal feed, dealers said ...

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Quotes retrieved on August 15, 2019, 02:34:17 PM CDT All grain prices are subject to change at any time. Cash bids are based on 10-minute delayed futures prices, unless otherwise noted.

Spoils of trade war: Argentina loads up on cheap U.S. soybeans

Nov 30, 2018· The ship is scheduled to dock in the Rosario grains hub on Dec. 4, days after the leaders of the world's two largest economies, U.S. President Donald Trump and Chinese counterpart Xi Jinping, hold high-stakes trade talks in Buenos Aires. The Torrent's 20,000-tonne soybean cargo is …

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Dec 03, 2018· BUENOS AIRES/CHICAGO — A ship named the Torrent is nearing the end of a 5,000-mile trip carrying soybeans from the US Great Lakes to Argentina — a journey that only makes economic sense because of the US-China trade war. The ship is scheduled to dock in …

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Nov 30, 2018· BUENOS AIRES/CHICAGO (Reuters) - A ship named the Torrent is nearing the end of a 5,000-mile trip carrying soybeans from the U.S. Great Lakes to Argentina - a journey that only makes economic sense because of the U.S.-China trade war. The ship is scheduled to dock in the Rosario grains hub on Dec. 4

U.S. processors short on soybeans | The Western Producer

May 30, 2014· "Everyone is concerned that they are not going to be able to buy beans," a soymeal dealer in Minnesota said. On the cash market, the soybean basis has …

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