date:Aug 20, 2014
October loadings were up 5 cents to 180 cents over November futures and November offers were also 5 cents higher at 165 cents over November futures. The rise in basis was on the back of higher futures, with CBOT November closing 5-3/4 cents up at $10.57-3/4 a bushel.
Domestic soya processor bids rose as much as 20 cents since Friday, including Decatur, Illinois, which is now bidding 225 cents over November futures. And, China has been a steady buyer of new-crop soyabeans, booking 10.4 million