Grain Markets

CHICAGO, July 9 (Reuters) – U.S. FOB Gulf corn basis offers were firmer on Wednesday after futures fell to contract lows, and also because of stronger CIF values and steady interest in U.S. corn now competitive with South America and Black Sea, traders said. * FOB soybean offers were steady/firm with the drop in futures

* Corn falls for 7th consecutive day

July 9 (Reuters) – Spot cash basis bids for corn and soybeans were steady to slightly higher at processors and elevators in the U.S. Midwest on Wednesday, while farmers were reluctant sellers as Chicago Board of Trade futures dragged on cash prices, dealers said. * Farmers interested in selling some soybean crops were not pleased

SYDNEY, July 9 (Reuters) – U.S. new-crop corn futures fell for a seventh consecutive session on Wednesday as forecasts for near perfect crop weather fuel expectations for bumper production. FUNDAMENTALS * Chicago Board Of Trade December corn, the most actively traded contract, fell 0.2 percent to $4.03-1/2 a bushel, to trade around the contract low.

July 8 (Reuters) – Spot corn basis bids were mixed while soybean bids held mostly steady around the U.S. Midwest in quiet trade on Tuesday as farmers were reluctant crop sellers, dealers said. * On Tuesday, Chicago Board of Trade soy fell for the seventh straight session and CBOT corn fell for the sixth straight

* Soybeans near 5-month low, corn rises from contract lows

SYDNEY, July 8 (Reuters) – U.S. new-crop corn futures rose for the first time in six sessions on Tuesday as prices rebounded off a contract low, although forecasts for near-ideal crop weather across much of the Midwest kept a lid on gains. FUNDAMENTALS * Chicago Board Of Trade September corn rose 0.3 percent to $4.07-1/4

* Corn hits lowest point since 2010 on ideal crop weather * Soybeans hit 5-month low on good weather * Corn, soy crop condition ratings steady at multiyear highs * Wheat sinks to 4-year low on big global supplies (Adds closing prices, fund selling totals) By Karl Plume CHICAGO, July 7 (Reuters) – U.S. corn

* Corn hits lowest point since 2010 on ideal crop weather * Soybeans hit 5-month low on good weather * Corn, soy crop conditions seen steady at multiyear highs * Wheat sinks to 4-year low on big global supplies By Karl Plume CHICAGO, July 7 (Reuters) – U.S. corn futures tumbled more than 2 percent

CHICAGO, July 3 (Reuters) – U.S. FOB Gulf soybean basis offers were steady to firmer after the close on Thursday, the fifth straight day of lower futures on this week’s bearish USDA data and outlooks for big crops given mild summer weather, traders said. * FOB corn and wheat basis offers were unchanged in quiet