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Dry weather conditions over the past few days also allowed farmers to plant corn, slowing deliveries of the crops to processors and elevators and further underpinning the basis.
Basis bids edged higher at elevators along Midwest rivers as flood waters receded. Elevators were expected to resume barge loadings as Mississippi River traffic was seen reopening near St. Louis.
Soybean bids also gained by 2 cents per bushel at a processor in Morristown, Indiana.