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US Cash Grains-Corn basis bids steady to weaker

ReutersSep 25, 2025 5:38 PM

- 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

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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