US Cash Grains-Soybean basis bids steady to up

Reuters
2026.02.25 18:22
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Basis bids for soybeans in the U.S. Midwest were steady to higher, with a 1 cent increase in Cincinnati and a 5 cent rise in Cedar Rapids. Chicago soybean futures rose due to optimism over Chinese demand, easing concerns over U.S. tariffs. Corn prices also saw a slight uptick. Other basis bids remained unchanged in various locations.