GeoGrain: Soy Basis Surge Continues
date:Jan 15, 2013
Average US soybean basis levels were up 3 cents a bushel last week, bolstered by a recovery in the river market situation.

Corn basis also managed a 2-cent gain last week, one of its best weeks of the marketing year.

Basis levels were sharply higher along the river system with double-digit gains fairly common along the Illinois and Mississippi River systems, as The Coast Guard relaxed its draft guidelines a bit last week for Mississippi River vessels passing through Thebes, IL, due to improvin
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