Market analyst says record soybean basis in St. Louis

A market analyst says soybean basis in St. Louis set a record this week, trying to incentivize farmers to sell new crop. “The actual bid for soybeans at St. Louis is 34 cents over, the highest for this week since 1999.” Garrett Toay with Ag Trader Talk says there’s good export demand for U.S. soybeans […]

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