Soy basis steady-weaker at US Midwest crusher sites
Soybean basis bids were steady to weaker in the US Midwest on Friday, with values falling sharply at two Iowa soy crushing facilities as weather outlooks signaled improving weather for harvest.
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US Soy Basis Firms at Crushers on Wet Weather Slowing Harvest
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%.