Soybean and corn basis steady amid tight Midwest supplies
Spot basis values for corn and soybeans delivered to US Midwest elevators and processors were mostly steady on Friday, supported by tight supplies and lower CBOT futures.
Spot basis values for corn and soybeans delivered to elevators and processors around the US Midwest were mostly steady on Friday, supported by tight supplies and lower futures prices. Basis values are quoted against CBOT futures in cents/bu: NOTE: 0 = Option Price, UNC = Unchanged, UNQ = Unquoted.