date:Jun 16, 2014
US FOB Gulf basis offers for old-crop soyabeans eased by a penny on Friday after jumping sharply the previous day as futures recovered slightly from the prior session's plunge and demand for US shipments waned. FOB corn and wheat basis offers were mostly steady. Corn and soyabean futures on the Chicago Board of Trade rose modestly on Friday after hitting multi month lows this week, with July corn up 3 cents at $4.47 a bushel and July soya up 10-1/2 at $14.25-3/4 a bushel.
The bulk of US soyabe