
CHICAGO, May 5 (Reuters) - Corn basis bids were steady to mixed in a spot check of locations in the U.S. Midwest on Monday and soybean basis bids were steady to higher as futures for both fell.
Corn basis bids fell at a processor in Decatur, Illinois, and an elevator in Blair, Nebraska. They rose at a river terminal in Toledo, Ohio.
Soybean basis bids rose at a river terminal in Morris, Illinois.
Chicago Board of Trade July soybeans SN25 fell 12-1/2 cents to end at $10.45-1/2 per bushel.
CBOT June corn futures CN25 settled down 14-3/4 cents to $4.54-1/4 per bushel.
Basis values are quoted against CBOT futures in cents/bu:
Current | Previous | |||||||
Bid | Bid | |||||||
Chicago, Illinois | ||||||||
Corn processors | -5 | + | N | -5 | + | N | UNC | |
Corn elevators | +0 | + | N | +0 | + | N | UNC | |
Soybean elevators | -5 | + | N | -5 | + | N | UNC | |
Wheat elevators | -5 | + | N | -5 | + | N | UNC | |
Wheat processors | -35 | + | N | -5 | + | N | DN 30 | |
Decatur IL corn | +4 | + | N | +10 | + | N | DN 6 | |
Decatur IL soybeans | +16 | + | N | +16 | + | N | UNC | |
Burns Harbor IN corn | UNQ | UNQ | UNC | |||||
Burns Harbor IN soy | UNQ | UNQ | UNC | |||||
Lafayette IN soy | +25 | + | N | +25 | + | N | UNC | |
Toledo OH (port) | ||||||||
Corn | +5 | + | N | +3 | + | N | UP 2 | |
Soy | +5 | + | N | +5 | + | N | UNC | |
SRW wheat | -40 | + | N | -35 | + | N | DN 5 | |
Davenport IA (river) | ||||||||
Corn | -9 | + | N | -9 | + | N | UNC | |
Soy | -18 | + | N | -18 | + | N | UNC | |
Evansville IN (rail) | ||||||||
15-car CSX corn | UNQ | UNQ | UNC | |||||
Cincinnati OH (rail) | ||||||||
3-car corn | UNQ | UNQ | UNC | |||||
Hereford TX corn | +120 | + | N | +120 | + | N | UNC | |
Columbus OH (rail) | ||||||||
3-car corn | +30 | + | N | +30 | + | N | UNC | |
Morris IL (river) | ||||||||
Corn | -6 | + | N | -6 | + | N | UNC | |
Soybeans | -5 | + | N | -7 | + | N | UP 2 | |
Fort Worth TX corn | +120 | + | K | +120 | + | K | UNC | |
Blair NE corn | -8 | + | N | -5 | + | N | DN 3 | |
Council Bluffs, IA (elevator) | ||||||||
Corn | -8 | + | N | -8 | + | N | UNC | |
Soy | -25 | + | N | -25 | + | N | UNC | |
Des Moines IA soy | -5 | + | N | -5 | + | N | UNC | |
Sioux City IA soy | -5 | + | N | -5 | + | N | 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-AM
For U.S. forward basis spreadsheets, please click on:
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 AM GRA/M
- U.S. CIF/FOB Gulf Grain GRA/F