
Sept 25 (Reuters) - Corn basis bids were steady to down at elevators and processors and mixed at river terminals in a spot check of locations on Thursday.
Soybean basis bids were mixed at processors and steady to down at river terminals.
The corn basis fell at a Cincinnati, Ohio, elevator and a processor in Cedar Rapids, Iowa.
The soybean basis rose at the Cedar Rapids processor and fell at another in Lafayette, Indiana.
U.S. farmers have begun the early stages of the corn and soybean harvests, aided by a drier weather pattern in the Midwest crop belt.
Chicago soybeans traded near flat on Thursday as the ending of an Argentine export tax waiver helped prices edge away from a six-week low fueled by a flurry of Chinese purchases of Argentine crop. GRA/ Corn bounced back on reports of smaller-than-expected U.S. yields.
Basis values are quoted against CBOT futures in cents/bu:
ELEVATORS | |||||||||
CORN |
| SOYBEANS | |||||||
CINCINNATI OH | -30 | + | Z | DN 1 | -40 | + | 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 | -20 | + | Z | DN 5 | -30 | + | X | UP 3 | |
DECATUR IN | -30 | + | X | UNC | |||||
MORRISTOWN IN |
| -35 | + | X | UNC | ||||
LAFAYETTE IN | -45 | + | X | DN 10 | |||||
CEDAR RAPIDS IA | -27 | + | Z | DN 3 | -35 | + | X | UP 15 | |
COUNCIL BLUFFS IA | -40 | + | X | UNC | |||||
LINCOLN NE | -40 | + | X | UNC | |||||
BLAIR NE | -22 | + | Z | UNC | |||||
RIVER TERMINALS | |||||||||
CORN | SOYBEANS | ||||||||
TOLEDO OH | -35 | + | Z | DN 2 | -55 | + | X | DN 5 | |
SENECA IL | -30 | + | Z | UP 3 |
| -50 | + | X | UNC |
SAVANNA IL | -41 | + | Z | UNC | -66 | + | X | UNC | |
DAVENPORT IA | -43 | + | Z | UNC | -72 | + | X | UNC | |
ETHANOL PLANTS | |||||||||
LINDEN IN | -25 | + | Z | UNC | |||||
UNION CITY IN | +0 | + | Z | UNC | |||||
ANNAWAN IL | -27 | + | 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