US Markets

CHICAGO, June 4 (Reuters) – U.S. FOB Gulf soybean basis offers fell for old-crop loadings for the second straight day with lower processor bids and increased competition from South America feeding the pressure, traders said on Wednesday. * FOB corn basis offers were unchanged while wheat was steady to firmer, led by soft red winter

* Wheat firms after falling for 10 straight sessions * Soybeans supported by bargain buying * Corn extends losing streak on good crop weather (Updates with closing prices) By Mark Weinraub CHICAGO, June 4 (Reuters) – U.S. wheat futures edged higher on Wednesday on a round of mild bargain buying following a 10-session losing streak

June 4 (Reuters) – Soybean spot basis bids were lower at U.S. Midwest processors and river terminals on Wednesday as reduced demand from crushers and exporters weighed on bids following a spike in farmer sales late last month, dealers said. * Processors were rolling bids to Chicago Board of Trade August futures from July futures.

* Wheat firms after falling for 10 straight sessions

SYDNEY, June 4 (Reuters) – U.S. wheat futures fell for an eleventh straight session on Wednesday, hovering close a three-month low touched in the previous session, as expectations for ample global supplies pulls down prices. FUNDAMENTALS * Chicago Board Of Trade July wheat lost 0.12 percent to $6.11-1/4 a bushel, having closed down 1.33 percent

(Updates with closing prices, adds new analyst quote) * Wheat down for 10th session, global supplies weigh * Corn drops on bearish crop ratings * Profit-taking, planting pace weigh on soybeans By Mark Weinraub CHICAGO, June 3 (Reuters) – U.S. corn futures fell 1.6 percent, their fourth straight losing session, on Tuesday on forecasts for

June 3 (Reuters) – Basis bids for soybeans shipped by barge to the U.S. Gulf Coast fell about 5 cents per bushel to the lowest level in two weeks early on Tuesday, pressured by seasonally reduced export demand and the arrival of Brazilian supplies at U.S. ports, traders said.

CHICAGO, June 2 (Reuters) – U.S. FOB Gulf soybean basis offers were mixed for new-crop loadings after the close on Monday, traders said. * Old-crop soybean futures and basis stayed firm amid tight old-crop supplies and higher-than-expected weekly USDA export inspections. * Corn and wheat basis offers were mostly steady but SRW wheat offers showed