
CHICAGO, Oct 21 (Reuters) - Soybean basis bids were firmer at some elevators and processors in the U.S. Midwest on Tuesday, a spot check of locations showed, as futures fell.
The soybean basis rose 5 cents at a processor in Decatur, Illinois, and 10 cents at another in Morristown, Indiana. It ticked up a penny at an elevator in Cincinnati, Ohio.
The corn basis rose at the Cincinnati elevator and another in Blair, Nebraska. It rose at a river terminal in Davenport, Iowa, and fell at another in Seneca, Illinois.
On the Chicago Board of Trade, soybean futures turned lower on profit-taking after the benchmark contract Sv1 touched a one-month high in early moves, while market players continued to monitor U.S.-China trade relations, analysts said. GRA/
Corn futures eased after a five-session climb.
ELEVATORS |
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| CORN |
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| SOYBEANS |
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CINCINNATI OH | +2 | + | Z | UP 1 |
| -5 | + | X | UP 1 |
BURNS HARBOR IN | UNQ |
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DECATUR IN | UNQ |
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DES MOINES IA |
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LINCOLN NE | -42 | + | Z | UNC |
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PROCESSORS |
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| CORN |
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| SOYBEANS |
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DECATUR IL | -13 | + | Z | UNC |
| +10 | + | X | UNC |
DECATUR IN |
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| -10 | + | X | UP 5 |
MORRISTOWN IN |
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| +0 | + | X | UP 10 |
LAFAYETTE IN |
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| -15 | + | X | UNC |
CEDAR RAPIDS IA | -24 | + | Z | UNC |
| -25 | + | X | UNC |
COUNCIL BLUFFS IA |
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| -60 | + | X | UNC |
LINCOLN NE |
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| -75 | + | X | UNC |
BLAIR NE | -22 | + | Z | DN 5 |
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RIVER TERMINALS |
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| CORN |
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| SOYBEANS |
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TOLEDO OH | -35 | + | Z | UNC |
| -50 | + | X | UNC |
SENECA IL | -18 | + | Z | DN 1 |
| -30 | + | X | UNC |
SAVANNA IL | -41 | + | Z | UNC |
| -66 | + | X | UNC |
DAVENPORT IA | -26 | + | Z | UP 2 |
| -40 | + | X | UNC |
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ETHANOL PLANTS |
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LINDEN IN | -35 | + | Z | UNC |
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UNION CITY IN | -10 | + | Z | UNC |
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ANNAWAN IL | -15 | + | Z | UNC |
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COUNCIL BLUFFS IA | -28 | + | Z | UNC |
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SRW WHEAT |
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TOLEDO OH | -35 | + | Z | UNC |
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CINCINNATI OH | UNQ |
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| UNC |
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DECATUR IN | -45 |
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BURNS HARBOR IN | UNQ |
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| UNC |
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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