Corn, Soybean Premiums Rise as Farmers Curb Sales on Price Drop

Cash premiums for corn and soybeans shipped this month to terminals near New Orleanswidened relative to Chicago futures as U.S. farmers curbed sales following a slump in prices. The spot-basis bid, or premium, for corn delivered in March at Gulf of Mexico ports was 52 cents a bushel above May futures, compared with 50 cents to 52 cents yesterday, U.S. Department of Agriculture data show. The

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