Corn and soybean base differences remain stable in the United States
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Last Update: 2001-11-15
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Source: Internet
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Author: User
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Introduction: U.S data transmission network, November 13 Spot prices for wheat and corn and soybeans in the US plain and Midwest all remained stable this morning, Reuters reported The base difference of corn and soybeans transported by railway slightly weakened, and the transportation of corn and soybeans slowed down as the harvest of the whole country came to an end Some Ohio processing plants were affected by the local railway transportation market, spot corn and soybean prices fell 2-3 cents In the past two weeks, grain flooded into the railway market in the central and western regions, weakening the railway base Meanwhile, Nebraska's granary soybean prices rose 1 cent to boost shipments to their warehouses But most traders say sales across the country have slowed sharply as farmers have completed corn and soybean harvests A grain trader in Southern Ohio said: "sales are slowing and the harvest is almost over Now people hold grain hope that last weekend's price rise will reappear this week This morning, the delivery price of river transport corn base rose 1 / 2 cent, while the delivery price of river transport soybean stabilized to fall by 2 cents U.S Gulf corn and soybean CIF prices strengthened this morning, barge freight down.
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