date:Mar 18, 2014
to sell. Corn basis bid held steady at elevators. A processor in Blair, Nebraska raised its bid by 3 cents per bushel. Corn bids on the Illinois and Mississippi Rivers rose by 1 cent per bushel.
In western Iowa, farmers were willing to wait for cash prices to improve after moving massive amounts of crops in the last 45 days, a dealer at a Council Bluffs processor said. Farmers may have only 10 to 15 percent of corn left in the storage bins, the dealer said. The National Oilseed Processors Ass