Markets

US Cash Grains-Ethanol plants flat to weaker; adequate supplies

Published January 8, 2018 Updated January 8, 2018 09:34pm

Bids for corn at Midwest processors and elevators were generally unchanged. But an elevator in Cincinnati, Ohio lowered bids by 4 cents per bushel after shoring up inventories.

Corn bids at regional river terminals were steady to mixed.

A Seneca, Illinois river elevator raised corn bids by 5 cents per bushel due to mostly frozen conditions on the Illinois River.

Softer cash premiums for corn delivered by barge to US Gulf Coast exporters weakened bids at a river elevator in Savanna, Illinois.

Soybean spot bids at Midwest elevators and processors were unchanged to uneven as sales and demand varied.

Copyright Reuters, 2018