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US Cash Grains-Corn basis mixed across the US Midwest

ReutersJun 23, 2025 6:16 PM

- Spot corn basis bids were mixed at grain elevators, river terminals and processing plants in the U.S. Midwest on Monday with limited farmer selling, according to analysts.

  • Analysts said trade was quiet in the cash market, but there were some local pushes for deliveries where crops appear poor and there is greater demand.

  • The corn basis improved at a river terminal in Davenport, Iowa and an ethanol plant in Council Bluffs, Iowa.

  • The corn basis fell at a processor in Cedar Rapids, Iowa and an elevator in Cincinnati, Ohio.

  • The soybean basis rose at a processor in Lafayette, Indiana and weakened at the elevator in Cincinnati.

  • Warm, wet weather is expected to provide ideal growing conditions in the U.S. corn belt in the coming weeks, according to analysts.

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

ELEVATORS

CORN

SOYBEANS

CINCINNATI OH

+11

+

N

DN 1

+1

+

N

DN 1

BURNS HARBOR IN

UNQ

UNC

UNQ

UNC

DECATUR IN

UNQ

UNC

DES MOINES IA

UNQ

UNC

LINCOLN NE

-18

+

N

UNC

PROCESSORS

CORN

SOYBEANS

DECATUR IL

+8

+

N

UNC

-20

+

X

UNC

DECATUR IN

+10

+

N

UNC

MORRISTOWN IN

+15

+

N

UNC

LAFAYETTE IN

-2

+

N

UP 3

CEDAR RAPIDS IA

-2

+

N

DN 1

-25

+

X

UNC

COUNCIL BLUFFS IA

-20

+

N

UNC

LINCOLN NE

-35

+

X

UNC

BLAIR NE

+7

+

N

UNC

RIVER TERMINALS

CORN

SOYBEANS

TOLEDO OH

+10

+

N

UNC

-50

+

X

UNC

SENECA IL

-1

+

N

UNC

-5

+

N

UNC

SAVANNA IL

-13

+

N

UNC

-36

+

N

UNC

DAVENPORT IA

-10

+

N

UP 1

-28

+

N

UNC

ETHANOL PLANTS

LINDEN IN

+15

+

N

UNC

UNION CITY IN

+40

+

N

UNC

ANNAWAN IL

-7

+

N

UNC

COUNCIL BLUFFS IA

+4

+

N

UP 2

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

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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

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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