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US Cash Grains-Soybean and corn bids mostly steady to up

ReutersJun 10, 2025 3:55 PM

- Spot soybean and corn basis bids were mostly steady to higher at U.S. Midwest river terminals, grain elevators and processing facilities on Tuesday, according to a spot check of locations.

  • The soybean basis improved by 5 cents at a processor in Morristown, Indiana.

  • The corn basis increased by 3 cents at a grain elevator in Blair, Nebraska and by 1 cent at a river terminal in Savanna, Illinois.

  • The corn basis fell by 2 cents at an ethanol plant in Annawan, Illinois.

  • Farmers have largely finished planting corn and soybeans.

  • The U.S. Department of Agriculture's weekly crop progress report said 71% of the country's corn crop was in good to excellent condition as of Sunday, up from 69% the week prior and slightly above the average estimate from a Reuters survey of analysts.

  • Corn and soy planting is quickly drawing to a close, with the USDA reporting 97% of the nation's corn crop and 90% of the soybean crop already seeded.

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

ELEVATORS

CORN

SOYBEANS

CINCINNATI OH

+9

+

N

UNC

+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

UNC

DECATUR IN

+35

+

N

UNC

MORRISTOWN IN

+40

+

N

UP 5

LAFAYETTE IN

+25

+

N

UNC

CEDAR RAPIDS IA

-1

+

N

UNC

-15

+

N

UNC

COUNCIL BLUFFS IA

-10

+

N

UNC

LINCOLN NE

-10

+

N

UNC

BLAIR NE

+5

+

N

UP 3

RIVER TERMINALS

CORN

SOYBEANS

TOLEDO OH

+10

+

N

UNC

+15

+

N

UNC

SENECA IL

+0

+

N

UNC

+0

+

N

UNC

SAVANNA IL

-15

+

N

UP 1

-36

+

N

UNC

DAVENPORT IA

-7

+

N

UNC

-13

+

N

UNC

ETHANOL PLANTS

LINDEN IN

+20

+

N

UNC

UNION CITY IN

+40

+

N

UNC

ANNAWAN IL

-10

+

N

DN 2

COUNCIL BLUFFS IA

+0

+

N

UNC

SRW WHEAT

TOLEDO OH

-25

+

N

UNC

CINCINNATI OH

UNQ

UNC

DECATUR IN

-30

+

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

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

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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