Soybean basis bids steady to sharply lower after farmer sales
U.S. Midwest soybean spot cash basis bids for delivery to elevators and processors were steady to sharply lower Thursday versus CBOT futures, after recent farmer selling boosted spot supplies.
Spot cash basis bids for soybeans delivered to elevators and processors around the U.S.
Midwest were steady to sharply lower on Thursday following recent selling by farmers.Basis values are quoted against CBOT futures in cents/bu:NOTE: 0 = Option Price, UNC = Unchanged, UNQ = Unquoted, NC = Not Com…