
CHICAGO, Nov 20 (Reuters) - Basis bids for corn were mostly higher while soy bids were mostly steady on Thursday as Chicago Board of Trade futures fell.
Farmers took advantage of a previous rally in prices to sell off some of their recently harvested crop, dealers said.
The USDA reported export sales of U.S. corn for the week ended October 2 at 2,259,700 metric tons, toward the high end of a range of trade expectations for 1,400,000 to 2,500,000 tons.
The USDA confirmed private sales of 462,000 metric tons of U.S. soybeans to China, marking the third soybean "flash" sales announcement this week.
The USDA separately reported export sales of U.S. soybeans for the week ended October 2 at 919,400 metric tons, in line with a range of trade expectations for 600,000 to 1,600,000 tons.
Chicago Board of Trade corn and soybean futures were lower in midday trading. CBOT December corn CZ25 was last down 2-3/4 cents to $4.27 a bushel and January soybeans SF26 were down 9-3/4 cents to $11.27 a bushel. GRA/
Basis values are quoted against CBOT futures in cts/bu:
ELEVATORS | ||||||||
CORN | SOYBEANS | |||||||
CINCINNATI OH | +1 | + | Z | UNC | -8 | + | F | DN 1 |
BURNS HARBOR IN | UNQ | UNC | UNQ | UNC | ||||
DECATUR IN | UNQ | UNC | ||||||
DES MOINES IA |
|
| UNQ | UNC | ||||
LINCOLN NE | -47 | + | Z | UNC | ||||
PROCESSORS | ||||||||
CORN | SOYBEANS | |||||||
DECATUR IL | +5 | + | Z | UNC | +0 | + | F | UNC |
DECATUR IN | -5 | + | F | UNC | ||||
MORRISTOWN IN | +0 | + | F | UNC | ||||
LAFAYETTE IN | +0 | + | F | UNC | ||||
CEDAR RAPIDS IA | -9 | + | Z | UNC | -35 | + | F | UNC |
COUNCIL BLUFFS IA | -50 | + | F | UNC | ||||
LINCOLN NE | -30 | + | F | UNC | ||||
BLAIR NE | -8 | + | Z | UP 5 | ||||
RIVER TERMINALS | ||||||||
CORN | SOYBEANS | |||||||
TOLEDO OH | -10 | + | Z | UNC | -35 | + | F | UNC |
SENECA IL | -6 | + | Z | UNC | -16 | + | F | UNC |
SAVANNA IL | -31 | + | Z | UNC | -61 | + | F | UNC |
DAVENPORT IA | -10 | + | Z | UNC | -35 | + | F | UNC |
ETHANOL PLANTS | ||||||||
LINDEN IN | +0 | + | Z | UNC | ||||
UNION CITY IN | +20 | + | Z | UP 5 | ||||
ANNAWAN IL | +2 | + | Z | UP 2 | ||||
COUNCIL BLUFFS IA | -15 | + | Z | UNC | ||||
SRW WHEAT | ||||||||
TOLEDO OH | -35 | + | Z | UNC | ||||
CINCINNATI OH | UNQ | UNC | ||||||
DECATUR IN | -30 | + | 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