date:Jun 17, 2014
Soyabean bids were steady to sharply lower at US Midwest processors and elevators on Monday, pressured by limited crusher demand and adequate supplies of the animal feed soyameal, dealers said. The soya basis was as much as 15 cents per bushel lower at an Indiana processor. Many crushing plants had enough soyabeans bought to meet needs for the next 1-1/2 months while demand for soya products of soyameal and soyaoil was routine at interior markets and lackluster at export points, the dealers said