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US Gulf corn and soybean CIF basis bids weaken further

Basis bids for soybeans and corn loaded on barges and delivered to U.S. Gulf Coast terminals continued to weaken Wednesday, even as cash-market futures eased after the prior day’s rally.

Basis bids for soybeans and corn loaded on barges and delivered to U.S.

Gulf Coast terminals continued to weaken on Wednesday, though futures prices fell back from the previous day's rally, which drove farmer sales in the cash markets.For displays of CIF basis, click on the codes in brackets:U.S.

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