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BASIS LEVELS STILL MIXED

Corn basis prices firmed up at some locations in recent weeks, while the basis for soybeans remains near historic lows. Cash prices for corn increased in some parts of Illinois, along the river and at the Gulf, but values remain weak for corn being shipped to the southeast. Soybeans, meanwhile, continue to suffer from a record harvest and lack of support from Chinese demand. (FarmWeekNow.com)

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