
CHICAGO, Oct 31 (Reuters) - Basis bids for soybeans and corn were steady to higher in the U.S. Midwest on Friday as farmers sold off some crops, though futures took a tumble.
Soy basis bids rose at an Iowa river terminal and were steady elsewhere.
Corn basis bids were higher at two river terminals.
Chicago soybean futures rose more than 10% in October, their biggest monthly gain in nearly four years, after U.S. President Donald Trump's administration said Beijing had agreed to boost purchases of U.S. soybeans as part of a trade truce.
Profit-taking has since dented corn and soybean futures.
Chicago Board of Trade December corn CZ25 was last down 1-3/4 cents at $4.28-1/2 per bushel.
CBOT November soybean futures SX25 were last down 1 cent at $10.90-1/4 per bushel.
ELEVATORS |
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| CORN |
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| SOYBEANS |
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CINCINNATI OH | +5 | + | Z | UNC |
| +9 | + | X | UNC |
BURNS HARBOR IN | UNQ |
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DECATUR IN | UNQ |
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DES MOINES IA |
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LINCOLN NE | -47 | + | Z | UNC |
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PROCESSORS |
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| CORN |
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| SOYBEANS |
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DECATUR IL | -5 | + | Z | UNC |
| +15 | + | X | UNC |
DECATUR IN |
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| -15 | + | X | UNC |
MORRISTOWN IN |
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| -10 | + | X | UNC |
LAFAYETTE IN |
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| -5 | + | X | UNC |
CEDAR RAPIDS IA | -26 | + | Z | UNC |
| -15 | + | X | UNC |
COUNCIL BLUFFS IA |
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| -55 | + | X | UNC |
LINCOLN NE |
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| -60 | + | X | UNC |
BLAIR NE | -25 | + | Z | UNC |
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RIVER TERMINALS |
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| CORN |
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| SOYBEANS |
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TOLEDO OH | -25 | + | Z | UNC |
| -30 | + | X | UNC |
SENECA IL | -12 | + | Z | UNC |
| -10 | + | X | UNC |
SAVANNA IL | -36 | + | Z | UP 3 |
| -66 | + | X | UNC |
DAVENPORT IA | -12 | + | Z | UP 1 |
| -14 | + | X | UP 1 |
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ETHANOL PLANTS |
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LINDEN IN | -25 | + | Z | UNC |
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UNION CITY IN | -8 | + | Z | UNC |
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ANNAWAN IL | -18 | + | Z | UNC |
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COUNCIL BLUFFS IA | -26 | + | 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 | UNQ |
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BURNS HARBOR IN | UNQ |
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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