US cash grains: soybean basis bids steady to higher, corn weaker
Spot soybean basis values across the US Midwest were steady to higher as tight supplies and delayed harvesting supported processors' bids. Corn basis bids were steady to weaker.
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Spot soybean basis values across the US Midwest were steady to higher as tight supplies and delayed harvesting supported processors' bids. Corn basis bids were steady to weaker.
CHICAGO, Sept 25 (Reuters) — Spot basis bids for soybeans firmed in the US Midwest on Friday, with basis bids improving as crushing plants continued to try to source soybean supplies, spot checks showed. Spot basis for corn was steady to weaker. Soybean processors in the western US Midwest are offering hefty premiums f
CHICAGO, Sept 23 (Reuters) — Basis bids for soybeans shipped by barge to the US Gulf Coast held steady on Wednesday, while export premiums declined as a rapidly advancing harvest in the southern US crop belt boosted fresh supplies available to Gulf exporters. Market participants also remained focused on developments fr
Spot basis bids for soybeans firmed at processing sites in the western US Midwest as rainy weather slowed the harvest. The US soybean harvest was 12% complete by Sunday, ahead of the five-year average of 8%.
Barge basis bids for corn and soybeans shipped to the US Gulf Coast were steady to weaker as export buyers looked to South America, traders said.
Basis bids for soybeans shipped by barge to the U.S. Gulf Coast were mixed on Friday, with values for loadings later in the autumn edging higher on weaker futures prices and strong demand from top importer China, traders said.For displays of CIF basis, click on the codes in brackets:U.S. CIF Gulf s…