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US Cash Grains-Corn basis bids flat to mixed in the Midwest

ReutersMay 5, 2025 9:44 PM

- 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

---------------------------------------------------------

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

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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