US Cash Grains-Corn bids steady to firmer, soybeans unchanged

CHICAGO: Spot basis bids for corn at elevators and processors around the US Midwest on Friday were steady to moderately higher, with soybeans unchanged, grain merchants said.

Light corn sales by farmers underpinned bids as producers held out for more money while waiting to see if Chicago Board of Trade corn futures can end the week on a positive note.

Corn bids at Midwest river terminals were steady to up slightly, aided by good demand for grain loaded on barges destined for US Gulf Coast exporters.

Soybean bids at Midwest processors and elevators were flat and narrowly mixed at river terminals.