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Markets

US Cash Grains-Corn basis bids mixed, easing in a few locations

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Soybean basis bids were mostly steady with a few mixed changes.

Ahead of the US Department of Agriculture's weekly crop progress report, analysts surveyed by Reuters on average expected the government to report the corn crop as 96pc planted and the soybean crop as 88pc planted.

Analysts on average expected the USDA to rate 59pc of both crops in good to excellent condition.

Copyright Reuters, 2019