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US Cash Grains-Corn, soy bids steady-mixed at Midwest grain facilities

ReutersJun 5, 2025 4:42 PM

- Spot soybean and corn basis bids were steady to mixed at U.S. Midwest grain facilities on Thursday as dealers and farmers assessed forecasts for crop weather.

  • Summer weather determines crop production and looks largely non-threatening so far, grain dealers said. Farmers are wrapping up plantings of corn and soy crops.

  • Soil moisture is below average in some parts of the Midwest, according to weather firm Vaisala. Rainfall will need to increase in the coming weeks to prevent crop stress, the firm said.

  • Soybean and corn futures rose at the Chicago Board of Trade amid hopes for easing U.S. trade tensions with China, the world's biggest soybean importer.

  • U.S. President Donald Trump and Chinese leader Xi Jinping held a rare leader-to-leader call.

Basis values are quoted against CBOT futures in cts/bu:

ELEVATORS

CORN

SOYBEANS

CINCINNATI OH

+9

+

N

DN 1

+10

+

N

UNC

BURNS HARBOR IN

UNQ

UNC

UNQ

UNC

DECATUR IN

UNQ

UNC

DES MOINES IA

UNQ

UNC

LINCOLN NE

-25

+

N

UNC

PROCESSORS

CORN

SOYBEANS

DECATUR IL

+5

+

N

UNC

+22

+

N

UP 2

DECATUR IN

+35

+

N

UNC

MORRISTOWN IN

+35

+

N

UNC

LAFAYETTE IN

+25

+

N

DN 5

CEDAR RAPIDS IA

-1

+

N

UNC

-15

+

N

UNC

COUNCIL BLUFFS IA

-10

+

N

UNC

LINCOLN NE

-10

+

N

UNC

BLAIR NE

+5

+

N

UNC

RIVER TERMINALS

CORN

SOYBEANS

TOLEDO OH

+10

+

N

UNC

+15

+

N

UNC

SENECA IL

-1

+

N

UNC

-5

+

N

UNC

SAVANNA IL

-16

+

N

UP 2

-36

+

N

UNC

DAVENPORT IA

-9

+

N

UNC

-13

+

N

UNC

ETHANOL PLANTS

LINDEN IN

+20

+

N

UNC

UNION CITY IN

+34

+

N

UNC

ANNAWAN IL

-8

+

N

UNC

COUNCIL BLUFFS IA

+0

+

N

UNC

SRW WHEAT

TOLEDO OH

-25

+

N

UNC

CINCINNATI OH

UNQ

UNC

DECATUR IN

-30

+

N

UP 20

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

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

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

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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