Markets

US Cash Grains-Corn, soy bids flat in quiet trade

Published December 9, 2017 Updated December 9, 2017 12:27am

Farmer sales of soybeans, corn and wheat were quiet following a light bump in soybean offerings earlier this week as Chicago Board of Trade January soybean futures traded above $10 a bushel.

The contract has since slipped below that level, hitting $9.87-1/4 a bushel by 12:24 p.m. CST (1824 GMT) Friday.

Bids eased at a river terminal in Davenport, Iowa, where barge loadings are halting until spring due to the seasonal closure of some locks for maintenance and before waters freeze.

 

Copyright Reuters, 2017