US Cash Grains-Soybean, corn bids flat at Midwest elevators

19 Aug, 2019

At processors, bids for corn were steady to firm and bids for soybeans were steady to weak.

The basis for both commodities was strong at river terminals.

Farmer sales were slow on Monday morning.

Growers' interest in booking new deals for both corn and soybeans has been light since the US Agriculture Department last week forecast bigger-than-expected harvests, sending futures markets sharply lower, a northern Ohio dealer said.

Copyright Reuters, 2019

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