date:Aug 18, 2014
US FOB Gulf soyabean basis offers eased slightly from lofty levels late Friday, while wheat values were softer after futures rallied on heightened political tensions between Russia and the Ukraine, traders said. FOB corn was steady after a firm close in futures. Continued strong interest for soyabeans by China buyers remains supportive to US cash markets but exporters backed off their September-October-November offers by 5 cents on Friday, after a steady rise over the past couple weeks.
Septem