US Cash Grains-Corn and soy basis mostly unchanged

ReutersDec 26, 2024 5:02 PM

CHICAGO, Dec 26 (Reuters) - Spot basis bids for corn and soybeans were mostly flat at elevators, processors, river terminals and ethanol plants around the U.S. Midwest on Thursday following the Christmas holiday.

* The corn basis rose by 9 cents at an elevator in Cincinnati, Ohio. It fell by 5 cents at a processor in Cedar Rapids, Iowa.

* March corn futures CH25 gained 4-3/4 cents at $4.53-1/4 a bushel at 10:33 a.m. CST (1633 GMT).

* January soybean futures SF25 rose 11-1/2 cents to $9.86-3/4 a bushel.

ELEVATORS
	CORN				SOYBEANS
CINCINNATI OH	-1	+	H	UP 9	+13	+	F	UNC
BURNS HARBOR IN	UNQ			UNC	UNQ			UNC
DECATUR IN	UNQ			UNC
DES MOINES IA					UNQ			UNC
LINCOLN NE	-25	+	H	UNC

PROCESSORS
	CORN				SOYBEANS
DECATUR IL	+2	+	H	UNC	+5	+	F	UNC
DECATUR IN					+10	+	F	UNC
MORRISTOWN IN					+0	+	F	UNC
LAFAYETTE IN					+5	+	F	UNC
CEDAR RAPIDS IA	-12	+	H	DN 5	-15	+	F	UNC
COUNCIL BLUFFS IA					-20	+	F	UNC
LINCOLN NE					-25	+	F	UNC
BLAIR NE	-5	+	H	UNC

RIVER TERMINALS
	CORN				SOYBEANS
TOLEDO OH	-20	+	H	UNC	-20	+	F	UNC
SENECA IL	-10	+	H	UNC	+5	+	F	UNC
SAVANNA IL	-26	+	H	UNC	-36	+	F	UNC
DAVENPORT IA	-18	+	H	UNC	-13	+	F	UNC

ETHANOL PLANTS
LINDEN IN	-10	+	H	UNC
UNION CITY IN	+5	+	H	UNC
ANNAWAN IL	-8	+	H	UNC
COUNCIL BLUFFS IA	-12	+	H	UNC

SRW WHEAT
TOLEDO OH	-30	+	H	UNC
CINCINNATI OH	UNQ			UNC
DECATUR IN	-45	+	N	UNC
BURNS HARBOR IN	UNQ			UNC

NOTE: 0 = Option price, UNC = Unchanged, UNQ = Unquoted

NC = Not comparable, DP = Delayed price, N/A = Not available,

F = January, H = March, K = May, N = July
Q = August, U = September, X = November, Z = December

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LINKS: 0#USCSHGRN-PM

For U.S. forward basis spreadsheets, please click:

CORN/BASIS, SOYA/BASIS, WHEAT/BASIS, MILO/BASIS

- CBOT corn report COR/

- CBOT soybean report SOY/C

- CBOT wheat report WHE/C

- U.S. grain barge freight values BG/US

- U.S. Midwest cash grain PM GRA/PM

- U.S. CIF/FOB Gulf Grain GRA/F

(Reporting by Renee Hickman)

((renee.hickman@thomsonreuters.com))

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