
CHICAGO, Oct 20 (Reuters) - Corn and soybean basis bids were mostly steady to higher at elevators, processors and ethanol plants in the U.S. Midwest on Monday as futures moved up, a spot check of locations showed.
The corn basis rose at ethanol plants in Linden, Indiana and Council Bluffs, Indiana and an elevator in Cincinnati, Ohio. It fell at a processor in Cedar Rapids, Iowa.
The soybean basis rose at a processor in Decatur, Illinois and the elevator in Cincinnati.
On the Chicago Board of Trade, soybean futures rose on renewed optimism over U.S.-China trade talks after U.S. President Donald Trump said he believed Beijing would agree to a soybean trade deal and would buy U.S. soy again. GRA/
Corn ticked up on concerns U.S. crop yields may not be as good as hoped, despite expectations of a record U.S. corn crop.
ELEVATORS | |||||||||
CORN |
| SOYBEANS | |||||||
CINCINNATI OH | +1 | + | Z | UP 1 | -6 | + | X | UP 2 | |
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 | -13 | + | Z | UNC | +10 | + | X | UP 5 | |
DECATUR IN | -15 | + | X | UNC | |||||
MORRISTOWN IN |
| -10 | + | X | UNC | ||||
LAFAYETTE IN | -15 | + | X | UNC | |||||
CEDAR RAPIDS IA | -24 | + | Z | DN 2 | -25 | + | X | UNC | |
COUNCIL BLUFFS IA | -60 | + | X | UNC | |||||
LINCOLN NE | -75 | + | X | UNC | |||||
BLAIR NE | -17 | + | Z | UNC | |||||
RIVER TERMINALS | |||||||||
CORN | SOYBEANS | ||||||||
TOLEDO OH | -35 | + | Z | UNC | -50 | + | X | UNC | |
SENECA IL | -17 | + | Z | UNC |
| -30 | + | X | UNC |
SAVANNA IL | -41 | + | Z | UNC | -66 | + | X | UNC | |
DAVENPORT IA | -28 | + | Z | UNC | -40 | + | X | UNC | |
ETHANOL PLANTS | |||||||||
LINDEN IN | -35 | + | Z | UP 5 | |||||
UNION CITY IN | -10 | + | Z | UNC | |||||
ANNAWAN IL | -15 | + | Z | UNC | |||||
COUNCIL BLUFFS IA | -28 | + | Z | UP 2 | |||||
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-PM
For U.S. forward basis spreadsheets, please click:
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 PM GRA/PM
- U.S. CIF/FOB Gulf Grain GRA/F