US Cash Soymeal-Gulf basis steady to lower; Midwest basis unchanged
CHICAGO, Oct 28 (Reuters) -Spot basis offers for soymeal eased at the U.S. Gulf export terminal on Monday while the basis was mostly unchanged at Midwest rail and truck markets, underpinned by tight spot supplies of the feed ingredient in some areas, dealers said.
* CIF basis bids for soymeal shipped by barge to the Gulf weakened along with FOB export premiums for outgoing shipments in January and February.
* Soymeal supplies for October were largely booked in parts of the western Midwest, but a slide in Chicago Board of Trade soymeal futures to two-month lows was attracting interest from end-users seeking coverage for November and December, one broker said.
* On the CBOT as of 11:08 a.m. CDT (1608 GMT), benchmark December soymeal SMZ24 futures were down 70 cents at $305.10 per short ton after falling to $302.70, the contract's lowest since Aug. 26.
* CBOT soybeans Sv1 were down 6 cents at $9.91-1/2 a bushel while soyoil BOv1 futures were down more than 3%, pressured by a 5% sell-off in crude oil. GRA/ O/R
* The CBOT March board crush 1SMSIH25-BOH25-SH25, one indication of processors' profit margins, was last down 9-3/4 cents at $1.47 per bushel.
Spot rail soymeal (dollars/ton basis CBOT, 47.5% protein):
Current | Net | |||
Offer | change | |||
Chicago | +14 | + | Z | UNC |
Decatur, Illinois | +10 | + | Z | UNC |
Morristown, Indiana | +10 | + | Z | UNC |
Decatur, Alabama | UNQ | UNC | ||
Kansas City, Missouri | +20 | + | Z | UNC |
Fostoria, Ohio | +10 | + | Z | UNC |
Spot truck soymeal basis (dlrs per ton):
Frankfort, Indiana | +35 | + | Z | UNC |
Claypool, Indiana | +50 | + | Z | UNC |
Lafayette, Indiana | +35 | + | Z | UNC |
Decatur, Indiana | +33 | + | Z | UNC |
Cedar Rapids, Iowa | +25 | + | Z | UNC |
Iowa Falls, Iowa | +20 | + | Z | UNC |
Sioux City, Iowa | +15 | + | Z | UNC |
Council Bluffs, Iowa | +15 | + | Z | UNC |
Mankato, Minnesota | +0 | + | Z | UNC |
Kansas City, Missouri | +8 | + | Z | UNC |
CIF GRYQ
Del Month | Bid | Chg | Ask | Chg | ||
OCT | +60.00 | Z | DN 5 | UNQ | UNC | |
NOV | UNQ | NC | UNQ | UNC | ||
DEC | UNQ | NC | UNQ | NC | ||
JAN | +15.00 | H | DN 5 | +32.00 | H | UNC |
FEB / MAR | +15.00 | H | DN 5 | +32.00 | H | UNC |
FOB GRZG
Del Month | Bid | Chg | Ask | Chg | ||
DEC - FH | UNQ | UNC | UNQ | UNC | ||
DEC - LH | UNQ | UNC | +44.00 | Z | UNC | |
JAN | UNQ | UNC | +36.00 | F | DN 4 | |
FEB | UNQ | UNC | +33.00 | H | DN 1 | |
MAR | UNQ | UNC | +32.00 | H | UNC |
NOTES: F = January H = March K = May N = July Q = August
U = September V = October Z = December
O = Option price UNQ = Unquoted NC = No comparison
UNC = Unchanged FH = First half LH = Last half
LINKS:
* U.S. rail, truck soymeal 0#USMEAL-RTR
* NOPA monthly soy crush SYC/U
* CBOT soymeal futures prices 0#SM:
* Reuters oilseeds news stories MEAL
* Brazil FOB export prices GRAIN/BRZ
* Argentina grain/oilseed prices GBRB
Reporting by Julie Ingwersen; Editing by Rod Nickel
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
