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US Cash Grains-Corn and soybean bids mostly steady

ReutersJul 10, 2025 10:19 PM

- Spot basis bids for corn and soybeans were mostly flat in the U.S. Midwest on Thursday as futures bounced back from earlier lows.

  • The corn basis fell at a river terminal in Morris, Illinois.

  • The wheat basis fell at a processor in the Chicago area.

  • The basis was unchanged at all other locations in a spot check.

  • Chicago Board of Trade corn and soybean futures ended firmer on Thursday on positioning ahead of monthly supply/demand reports due from the U.S. Department of Agriculture on Friday.

  • CBOT December corn CZ25 ended up 1 cent at $4.16-1/2 a bushel.

  • November soybeans SX25 ended up 6-1/2 cents at $10.13-3/4 a bushel after falling to $10.02-1/4, the contract's lowest since mid-April.

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

Current

Previous

Bid

Bid

Chicago, Illinois

Corn processors

+22

+

U

+22

+

U

UNC

Corn elevators

+40

+

U

+40

+

U

UNC

Soybean elevators

-10

+

Q

-10

+

Q

UNC

Wheat elevators

-10

+

U

-10

+

U

UNC

Wheat processors

-10

+

U

-7

+

U

DN 3

Decatur IL corn

+18

+

U

+18

+

U

UNC

Decatur IL soybeans

+25

+

X

+25

+

X

UNC

Burns Harbor IN corn

UNQ

UNQ

UNC

Burns Harbor IN soy

UNQ

UNQ

UNC

Lafayette IN soy

+20

+

X

+20

+

X

UNC

Toledo OH (port)

Corn

+10

+

U

+10

+

U

UNC

Soy

-15

+

X

-15

+

X

NC

SRW wheat

-29

+

U

-29

+

U

NC

Davenport IA (river)

Corn

+1

+

U

+1

+

U

UNC

Soy

-9

+

Q

-9

+

Q

UNC

Evansville IN (rail)

15-car CSX corn

UNQ

U

UNQ

U

UNC

Cincinnati OH (rail)

3-car corn

UNQ

UNQ

UNC

Hereford TX corn

+110

+

U

+110

+

U

UNC

Columbus OH (rail)

3-car corn

+48

+

U

+48

+

U

UNC

Morris IL (river)

Corn

+10

+

U

+12

+

U

DN 2

Soybeans

+1

+

Q

+1

+

Q

UNC

Fort Worth TX corn

+110

+

U

+110

+

U

UNC

Blair NE corn

+15

+

U

+15

+

U

UNC

Council Bluffs, IA (elevator)

Corn

+13

+

U

+13

+

U

UNC

Soy

-25

+

X

-25

+

X

UNC

Des Moines IA soy

-20

+

X

-20

+

X

UNC

Sioux City IA soy

-5

+

X

-5

+

X

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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