US FOB Gulf soya basis offers mixed
date:Jun 04, 2014
in part by the strong processor demand for remaining free old-crop stocks. US FOB quotes remain $30 to $50 a tonnes above new-crop Brazilian and Argentine soya coming to port but traditional US customers in Asia, Europe and Mexico remain in the market for fill-in orders. The main changes for the soyabean basis was in new-crop, with October loadings 4 cents higher over November futures at 120 over. November and December offers were 3 to 2 cents lower at 115 and 110 over futures, respectively.


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