US soyabean export premiums were steady with a firm tone on Tuesday, underpinned by good demand and tight loading capacity through the end of the year, traders said. Export elevators sold out of soyabeans through at least October so nearby offers were scarce.
Deferred soya offers supported by limited availability of Gulf loading capacity through at least December due to heavy corn and soyabean bookings over recent months, traders said. US corn export premiums flat amid a pause in demand as buyers digested Tuesday's strong weather-driven rally in futures prices, traders said.
Farmer sales of corn were the largest in several weeks as futures rallied 9 percent amid frost concerns with some of the late developing crop. Up to 20 percent of corn in the northern Midwest could be damaged by frigid temperatures in the forecast next week, forecasters and analysts said.
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