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 week.
Soybeans were off an average of 3 cent per bushel from last Thursday; this marks the sixth week in a row of lower cash movement. Crush facilities were off another 4 1/2 cents this week, matching last week’s losses. Soybeans along the river were the biggest loser this week off 6 cents per bushel.
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