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RSS FeedsU.S. Cash Soymeal-Basis firms ahead of holiday weekend
(WorldNews Business)

 
 

24 may 2017 19:48:42

 
U.S. Cash Soymeal-Basis firms ahead of holiday weekend
(WorldNews Business)
 


CHICAGO, May 24 (Reuters) - Spot basis offers for soymeal firmed in a few U.S. Midwest locations on Wednesday, with brokers citing a slight pickup in end-user demand ahead of a long holiday weekend and scattered downtime at soy processing plants. * Other dealers reported weak demand for soymeal, with buyers content to stay on the sidelines and hope for a decline in cash prices. * Markets and most U.S. offices will be closed on Monday for the Memorial Day holiday. * As of 11:54 a.m CDT (1654 GMT), Chicago Board of Trade July soymeal futures were...


 
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