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US Cash Grains-Corn basis mixed after busy harvest weekend

ReutersOct 6, 2025 5:21 PM

- Spot basis bids for corn were mixed in the U.S. Midwest on Monday, with some processors sweetening their bids to attract farmer grain sales despite a busy harvest weekend across most of the region, spot checks showed.

  • The corn basis fell by 6 cents at a processor in Cedar Rapids, Iowa, and by 5 cents at an Illinois ethanol plant as the harvest expanded.

  • But the basis firmed by 5 cents at a Linden, Indiana, ethanol site and by 3 cents at an elevator in Cincinnati, Ohio.

  • The soybean basis was steady to weaker among soy processors, with the basis falling by a nickel at a Council Bluffs, Iowa, crusher.

  • But the bean basis improved by 2 cents at Davenport, Iowa, where grain is loaded onto barges for shipment on the Mississippi River toward exporters at the U.S. Gulf.

  • The U.S. government remains shut down, suspending many government reports, including the U.S. Department of Agriculture's weekly crop progress report that normally runs on Mondays.

  • U.S. Treasury Secretary Scott Bessent has said an announcement would be made this Tuesday about government support for American farmers affected by the lack of purchases by China, by far the world's biggest soybean importer.

  • At mid-session, Chicago Board of Trade December corn futures CZ25 were up 1/4 cent at $4.19-1/4 per bushel and November soybean futures SX25 were down 1-1/4 cents at $10.16-3/4 a bushel. GRA/

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

ELEVATORS

CORN

SOYBEANS

CINCINNATI OH

-12

+

Z

UP 3

-36

+

X

UP 1

BURNS HARBOR IN

UNQ

UNC

UNQ

UNC

DECATUR IN

UNQ

UNC

DES MOINES IA

UNQ

UNC

LINCOLN NE

-42

+

Z

UNC

PROCESSORS

CORN

SOYBEANS

DECATUR IL

+0

+

Z

UNC

-20

+

X

UNC

DECATUR IN

-30

+

X

UNC

MORRISTOWN IN

-35

+

X

UNC

LAFAYETTE IN

-40

+

X

UNC

CEDAR RAPIDS IA

-27

+

Z

DN 6

-50

+

X

UNC

COUNCIL BLUFFS IA

-60

+

X

DN 5

LINCOLN NE

-50

+

X

UNC

BLAIR NE

-22

+

Z

UNC

RIVER TERMINALS

CORN

SOYBEANS

TOLEDO OH

-35

+

Z

UNC

-55

+

X

DN 5

SENECA IL

-20

+

Z

UNC

-35

+

X

UNC

SAVANNA IL

-41

+

Z

UNC

-66

+

X

UNC

DAVENPORT IA

-30

+

Z

UNC

-58

+

X

UP 2

ETHANOL PLANTS

LINDEN IN

-20

+

Z

UP 5

UNION CITY IN

-10

+

Z

UNC

ANNAWAN IL

-25

+

Z

DN 5

COUNCIL BLUFFS IA

-30

+

Z

UNC

SRW WHEAT

TOLEDO OH

-35

+

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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