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US Cash Grains-Corn basis bids mixed in Midwest

ReutersSep 11, 2025 2:26 PM

- Spot basis bids for corn were mixed in the U.S. Midwest on Thursday, dealers said, after some farmers have recently been delivering old-crop supplies to grain elevators.

  • The corn basis rose by 4 cents a bushel at an elevator in Cincinnati, Ohio, and by 8 cents at a river terminal in Seneca, Illinois.

  • The basis eased by 2 cents at a processor in Blair, Nebraska.

  • For soybeans, the basis fell by 10 cents at a processor in Morristown, Indiana, and was flat elsewhere.

  • Corn and soy harvesting were in early stages in the Midwest.

  • Farmers and grain traders are waiting for the U.S. Department of Agriculture to issue updated crop production and yield estimates in a monthly report on Friday.

  • Analysts surveyed by Reuters on average expect the agency will trim its national yield estimates for both crops, though the corn harvest would still be the largest on record.

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

ELEVATORS

CORN

SOYBEANS

CINCINNATI OH

-30

+

Z

UP 4

-55

+

X

UNC

BURNS HARBOR IN

UNQ

UNC

UNQ

UNC

DECATUR IN

UNQ

UNC

DES MOINES IA

UNQ

UNC

LINCOLN NE

-38

+

Z

UNC

PROCESSORS

CORN

SOYBEANS

DECATUR IL

-15

+

Z

UNC

-25

+

X

UNC

DECATUR IN

-25

+

X

UNC

MORRISTOWN IN

-25

+

X

DN 10

LAFAYETTE IN

-30

+

X

UNC

CEDAR RAPIDS IA

-25

+

Z

UNC

-50

+

X

UNC

COUNCIL BLUFFS IA

-25

+

X

UNC

LINCOLN NE

-40

+

X

UNC

BLAIR NE

-24

+

Z

DN 2

RIVER TERMINALS

CORN

SOYBEANS

TOLEDO OH

-40

+

Z

UNC

-60

+

X

UNC

SENECA IL

-27

+

Z

UP 8

-50

+

X

UNC

SAVANNA IL

-41

+

Z

UNC

-66

+

X

UNC

DAVENPORT IA

-38

+

Z

UNC

-79

+

X

UNC

ETHANOL PLANTS

LINDEN IN

-10

+

Z

UNC

UNION CITY IN

-15

+

Z

UNC

ANNAWAN IL

-35

+

Z

UNC

COUNCIL BLUFFS IA

-30

+

Z

UNC

SRW WHEAT

TOLEDO OH

-45

+

Z

UNC

CINCINNATI OH

UNQ

UNC

DECATUR IN

-45

Z

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-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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