WEEKLY GRAIN MOVEMENT: Higher market prompts soybean sales

WEEKLY GRAIN MOVEMENT: Higher market prompts soybean sales

Many of the corn and soybeans elevators shipped stayed local.

Higher soybean futures on Tuesday prompted a small increase in farmer selling of the 2015 harvest, while corn sales stayed light, Midwest dealers said.

Cash basis bids for corn and soybeans were largely unchanged as processors and shippers allowed the higher futures to prompt sales. Farmers want about $8.80/bu. for soybeans and $3.55-3.70/bu. for corn.

Warm weather expected this week should melt the remaining snow in Iowa and in central Illinois, dealers said. The melting co

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