Chicago Board of Trade nearby soyabean futures were locked up the 50-cent daily limit on Tuesday on speculative buying and worries about US crop damage after weekend storms, traders said.
CBOT soyabeans were last up 22-1/2 cents to 50 cents per bushel, with July up 50 cents at $8.64 and November up 48-1/2 cents at $7.33.
Refco Inc bought 500 July, Citigroup and ADM Investor Services each bought 200 July, Cargill Inc bought 100 July and R.J. O'Brien bought 100 July and traded 100 November, brokers said.
CBOT soyameal was last up $14.00 per ton to $17.20, with July up $15.90 at $270.70 and December up $15.30 at $231.00 per ton. Citigroup bought 200 July and O'Connor and Co sold 100 July, brokers said.
Cash US soyameal basis offers were steady to higher early Tuesday, brokers said.
Soyaoil futures were up 0.85 cent to 1.57 cent per lb, with July up 1.45 cent at 29.50 cents.
News that top global vegetable oil importer India on Monday had lowered its base import price for crude soyaoil to $628 from $710 also supported CBOT soyaoil, since it represents and increase in global soyaoil demand, CBOT brokers said.
A sharply higher close in top global soyabean buyer China's Dalian soyabean and meal futures also supported CBOT soya futures early Tuesday, traders said.
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