date:Jun 04, 2014
US FOB Gulf soyabean basis offers were mixed for new-crop loadings after the close on Monday, traders said. Old-crop soyabean futures and basis stayed firm amid tight old-crop supplies and higher-than-expected weekly USDA export inspections. Corn and wheat basis offers were mostly steady but SRW wheat offers showed a firm tone ahead of harvest.
USDA reported weekly export inspections of 156,364 tonnes, compared to trade estimates for 50,000 to 125,000. US soyabean cash values remained elevated