US Midwest corn, soyabean, SRW wheat bids unchanged

03 Apr, 2010

US Midwest corn, soyabean and soft red winter wheat bids were mostly unchanged around the US Midwest on Thursday as farmers focused on fieldwork and delayed sales of all three crops, grain merchants said. Some farmers sold spot loads of corn that they had harvested from fields in recent days, a grain buyer in western Iowa said.
Little selling was reported elsewhere as futures ended the abbreviated trading week largely flat following a big dip in prices on Wednesday. Soya bids firmed 10 cents in Lafayette, Indiana, and fell 3 cents on the Mississippi River. SRW wheat rose 5 cents at a northern Illinois elevator. Many farmers prepped fields for plantings in the coming weeks, as warm temperatures in recent days dried fields while rains may arrive in the western Midwest on Friday.

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