date:Feb 24, 2014
Soyabean export premiums at the US Gulf Coast held steady on Friday amid tight old-crop stocks and light demand for near-term shipments, traders said. Top soyabean importer China is booking mostly South American shipments, which are offered at a large discount to US prices through October.
Chinese importers cancelled several cargoes of US soyabeans last week and US shipments to all destinations fell to the lowest point since October, USDA said. Few US soyabeans were offered for shipment before