CIF Gulf Grain-Soy bids firm on tight supply, processor demand

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Published: August 25, 2014

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Aug 25 (Reuters) – Basis bids for soybeans shipped by barge to the U.S. Gulf Coast expanded last week’s steep gains early on Monday, boosted by very tight existing supplies and strong demand from short-bought processing plants in the eastern U.S. Midwest, traders said.

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