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News 2026-10-14 19:18 UTC

US Cash Soymeal — Basis offers mostly flat, soybean harvest proceeds

CHICAGO, Oct 14 (Reuters) — Cash basis offers for soymeal were mostly unchanged at rail and truck terminals in the US Midwest on Wednesday, dealers said, as the soybean harvest was chugging along. The basis rose by $8 a ton at an Iowa soy processing facility. A few processors were tight on supplies at the Gulf, which h

News 2026-09-28 21:50 UTC

US cash soymeal basis steady; supplies remain tight

Basis offers for soymeal were steady to weaker in the US Midwest as harvest activity resupplied some processing plants. Nearby supplies remained tight overall, with many crushing locations not quoting offers.