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Corn basis narrows at Cedar Valley as harvest passes the halfway mark

The local cash bid moved closer to futures as the fictional elevator filled its bins more slowly.

Corn basis narrows at Cedar Valley as harvest passes the halfway mark
Photo: Illustration: Bushelboard Farm (synthetic)

The Cedar Valley elevator paid $4.12 a bushel for corn on Friday, four cents more than a week earlier.

Managers said trucks are arriving at a steady pace after early rain delays.

Growers storing grain on the farm are watching the spread before they sell.

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