Lower prices slow crop sales

Lower prices slow crop sales

With futures prices declining, farmers continue to hold onto their corn and soybeans.

FARMERS continued to hold tight to much of their remaining corn and soybeans as Chicago, Ill., futures backtracked from the big gains seen one to two weeks ago.

The reluctance to sell in a falling market produced some higher basis bids for corn and soybeans over the past week as shippers and processers still need supplies, Midwest grain dealers said.

The September and December Chicago corn futures have lost about 40 cents/bu

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