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Markets

U.S. Cash Grains-Soy bids steady/firm at processors, steady/weak at elevators

  • For corn, bids were steady to weak at processors and elevators and unchanged along rivers.
04 May 2021

CHICAGO: Spot basis bids for soybeans were steady to firm at US Midwest processors and steady to weak at the region's elevators on Monday, grain dealers said.

  • The soybean basis was flat at river terminals.

  • For corn, bids were steady to weak at processors and elevators and unchanged along rivers.

  • Farmer sales of both commodities were slow, an Ohio dealer said.

  • Dealers continued to roll their soybean and corn basis bids to the Chicago Board of Trade July futures contracts from the May contracts.