Grain Markets

CHICAGO, May 22 (Reuters) – FOB U.S. Gulf soybean basis offers were steady to softer on Thursday with the sharp rally in futures drawing out farmer sales of old and new-crop soy, traders said. * Corn and wheat basis offers were steady amid quiet markets ahead of the long U.S. holiday weekend. Southern hemisphere corn

May 22 (Reuters) – Basis bids for soybeans shipped by barge to the U.S. Gulf Coast were steady to narrowly lower early on Thursday, pressured by increased farmer sales with futures for the oilseed heading for their largest gains since September, traders said.

* Soybeans rise for 2nd day on tight U.S. supply

CHICAGO, May 21 (Reuters) – U.S. FOB Gulf soybean basis offers were steady to firm on Wednesday after Chicago futures soared late on talk of Chinese demand for new crop and tight U.S. stocks before harvest, traders said. * Corn and wheat basis was also steady with corn supported by continued good export demand and

May 21 (Reuters) – Corn spot basis bids were mostly steady to higher at elevators, processors and ethanol plants around the U.S. Midwest in quiet trade early on Wednesday, dealers said. * An eastern Iowa processor and an western Iowa ethanol plant increased corn bids in an effort to entice farmers to sell, dealers at

May 20 (Reuters) – Soybean spot basis bids were mostly steady at elevators and processors in the U.S. Midwest early on Tuesday as some farmers sold old-crop supplies, grain merchants said. * Soybean futures rallied on Monday and were higher again on Tuesday, which enticed some farmers to sell the remainder of soybeans stored in

* USDA report shows planting of spring wheat behind expectations

May 19 (Reuters) – Corn spot basis bids were steady at elevators and processors in the U.S. Midwest early on Monday in quiet trade as farmers waited for drier field conditions, grain merchants said. * Wet fields in the Eastern Corn Belt kept most farmers from resuming planting activity over the weekend, farmers said. *

SYDNEY, May 19 (Reuters) – U.S. wheat futures fell 1 percent on Monday, sliding for a ninth straight session, as forecasts called for rains across key growing regions this week, pushing prices to a five-week low. FUNDAMENTALS * Chicago Board Of Trade July wheat fell 1.0 percent to $6.67-3/4 a bushel, having hit a session

CHICAGO, May 16 (Reuters) – U.S. FOB Gulf grain and soybean values were mostly steady at the close on Friday, with new-crop soybeans showing the most strength, traders said. * FOB soybean offers for May/June loadings were unchanged from Thursday at 95 cents a bushel over while new-crop were up 5 cents. November loadings were