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Cash corn and soybean basis bids fall at some Midwest elevators

Cash basis bids for U.S. corn and soybeans fell steeply at some grain elevators in the U.S. Midwest on Wednesday after recent farmer selling, spot checks showed.

Cash basis bids for U.S. corn and soybeans fell steeply at some grain elevators in the U.S.

Midwest on Wednesday after recent selling by farmers, spot checks showed.Basis values are quoted against CBOT futures in cents/bu:NOTE: 0 = Option Price, UNC = Unchanged, UNQ = Unquoted, NC = Not Comparable…