Markets

The new year started with little change in corn and soybean basis with both posting only modest gains over the past week. Since the second week of December corn futures have gained a $1 while soybean futures have shot up $2. As a result, farmers seem willing to feed the pipelines of grain merchants, keeping basis levels fairly stable.

Kevin McNew: Grain basis holds steady in new year The new year started with little change in corn and soybean basis with both posting only modest gains over the past week. Since the second week of December corn futures have gained a $1 while soybean futures have shot up $2. As a result, farmers seem willing to feed the pipelines of grain merchants, keeping basis levels fairly stable. 1/07/2009, 9:43 AM CST

At mid-day, CBOT markets remain under pressure CBOT markets remain sharply lower Wednesday. 1/07/2009, 9:40 AM CST

Thomas Elwood: Early livestock comments Cash hog bids are steady to higher this morning. 1/07/2009, 7:53 AM CST

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