date:Jun 13, 2014
ces below most farmers' target of above $15 per bushel. Rail corn basis bids firmed by 2 to 4 cents per bushel in Indiana and Ohio, a dealer said. A corn bid firmed by 1 cent per bushel at an western Iowa processor and by the same amount at an Illinois River terminal. Corn movement has been hampered in recent days by slow farmer sales of the grain as lower Chicago Board of Trade corn futures made cash prices unattractive to farmers.