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Spot basis bids for soybeans were sharply mixed in the US Midwest as crushers competed for supplies while weekend harvest activity boosted deliveries in some areas. Corn basis bids were mostly steady to stronger ahead of the USDA crop progress report later Monday.
Spot basis bids for soybeans showed sharply mixed changes in the US Midwest on Monday as some crushers continued to struggle to source enough soybeans, while weekend harvest activity steered fresh supplies to elevators and processors in some areas, merchandisers said.Basis values are quoted against…