Chicago corn and soybean futures rose for a second straight session on Thursday as favorable demand news helped curb supply pressure from an advancing US harvest that is tipped to bring in record crops.
Grains started the week higher trying to make 3 days in a row of advancing prices. In outside markets, crude oil was modestly higher while the US dollar index was holding solid gains going into the morning trade session.
Corn and soybeans saw mixed numbers in the cash market this week.
National corn basis was virtually unchanged from last week. Ethanol plants were off slightly, down 1/2 cent per bushel. Corn along the river saw surprising movement, up 6 cents per bushel; holding on to the only gains this...