
CHICAGO, Nov 5 (Reuters) - Basis bids for soybeans and corn eased at river terminals in the U.S. Midwest on Wednesday after some farmers recently sold crops, making more supplies available to grain merchants, traders said.
Basis bids declined at river terminals near Davenport, Iowa, and Morris, Illinois.
Basis also fell for soy at a processor in Decatur, Illinois, and for corn at a processor in Blair, Nebraska.
The U.S. Department of Agriculture was again not expected to publish weekly U.S. export sales data on Thursday due to the federal government's shutdown.
Chicago Board of Trade soybean Sv1 and corn Cv1 futures finished higher.GRA/
Basis values are quoted against CBOT futures in cents/bu:
Current | Previous | |||||||
Bid | Bid | |||||||
Chicago, Illinois | ||||||||
Corn processors | +0 | + | Z | +0 | + | Z | UNC | |
Corn elevators | -5 | + | Z | -5 | + | Z | UNC | |
Soybean elevators | -20 | + | F | -20 | + | F | UNC | |
Wheat elevators | -10 | + | Z | -10 | + | Z | UNC | |
Wheat processors | +8 | + | Z | +8 | + | Z | UNC | |
Decatur IL corn | -5 | + | Z | -5 | + | Z | UNC | |
Decatur IL soybeans | +0 | + | F | +3 | + | F | DN 3 | |
Burns Harbor IN corn | UNQ | UNQ | UNC | |||||
Burns Harbor IN soy | UNQ | UNQ | UNC | |||||
Lafayette IN soy | -10 | + | F | -10 | + | F | UNC | |
Toledo OH (port) | ||||||||
Corn | -20 | + | Z | -20 | + | Z | UNC | |
Soy | -35 | + | F | -35 | + | F | UNC | |
SRW wheat | -35 | + | Z | -35 | + | Z | UNC | |
Davenport IA (river) | ||||||||
Corn | -19 | + | Z | -14 | + | Z | DN 5 | |
Soy | -42 | + | F | -32 | + | F | DN 10 | |
Evansville IN (rail) | ||||||||
15-car CSX corn | +20 | + | Z | +18 | + | Z | UP 2 | |
Cincinnati OH (rail) | ||||||||
3-car corn | UNQ | UNQ | UNC | |||||
Hereford TX corn | +95 | + | Z | +95 | + | Z | UNC | |
Columbus OH (rail) | ||||||||
3-car corn | +20 | + | Z | +20 | + | Z | UNC | |
Morris IL (river) | ||||||||
Corn | -15 | + | Z | -7 | + | Z | DN 8 | |
Soybeans | -20 | + | F | -15 | + | F | DN 5 | |
Fort Worth TX corn | +95 | + | Z | +95 | + | Z | UNC | |
Blair NE corn | -27 | + | Z | -25 | + | Z | DN 2 | |
Council Bluffs, IA (elevator) | ||||||||
Corn | -25 | + | Z | -25 | + | Z | UNC | |
Soy | -75 | + | F | -80 | + | F | UP 5 | |
Des Moines IA soy | -35 | + | F | -35 | + | F | UNC | |
Sioux City IA soy | -40 | + | F | -40 | + | F | 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