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CHICAGO: Spot basis bids for corn were steady to firm at processors, elevators, ethanol plants and river terminals around the US Midwest early on Thursday, grain dealers said.

* Soybean bids were flat around the interior and steady to firm along rivers.

* Country movement of both commodities was slow, an Indiana dealer said.

* Cash prices were well below levels needed to spark farmers' interest in booking new sales.

* Growers were still hoping that prices could rise in the coming weeks if adverse weather delays planting, the Indiana dealer added.

Copyright Reuters, 2019
 

 

 

 

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