Another quiet trading session today. Corn only traded in a 3.25 cpb range and soybeans in a 9.5 cpb range
with nearby corn up 1.5
and beans up 3.0
Bean basis popped up today as the Chinese came to the market to buy additional cargoes
Confirmation of second MFP payment of 82.5 cpb.
Decent amount of bean pricings today as many people are evening out income for taxes
Normal trading hours all this week
Have a great evening!!