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Corn basis firmed despite a strong rise in the average cash price.
Corn continues to lead strength as corn, soybeans and wheat each traded solidly higher in overnight trade.
Corn, soybeans and wheat built on Tuesday’s price gains during the overnight session.
FOMC decision day | Debt ceiling | Trump offers federal workers resignation incentive
Corn led strength overnight as corn, soybeans and wheat each rebounded from Monday’s losses.
Trump tariffs | Craig fuels equity/regional farm bill issues | Mexico and GMO corn | Bill introduced to axe 45Z program | E15 delay proposed
After facing followthrough selling earlier in the overnight session, corn, soybeans and wheat are modestly firmer and trading near session highs this morning.