
CHICAGO, Dec 12 (Reuters) - Soybean and corn basis bids were mixed at river terminals in the U.S. Midwest on Friday, while corn bids were steady to higher at rail terminals and elevators in a spot check of locations.
Basis bids for corn and soybeans were higher at a river terminal in Davenport, Iowa. They were lower at a river terminal in Morris, Illinois.
Corn bids were higher at rail terminals in Evansville, Indiana and Columbus, Ohio, and at elevators in Council Bluffs, Iowa and Blair, Nebraska.
CBOT January soybeans SF26 settled down 16-3/4 cents at $10.76-3/4 per bushel.
CBOT March corn CH26 settled down 5-3/4 cents at $4.40-3/4 per bushel.
Basis values are quoted against CBOT futures in cents/bu:
Current | Previous | |||||||
Bid | Bid | |||||||
Chicago, Illinois | ||||||||
Corn processors | -4 | + | H | -4 | + | H | UNC | |
Corn elevators | +0 | + | H | +0 | + | H | UNC | |
Soybean elevators | -10 | + | F | -10 | + | F | UNC | |
Wheat elevators | -15 | + | H | -15 | + | H | UNC | |
Wheat processors | -18 | + | H | -18 | + | H | UNC | |
Decatur IL corn | +0 | + | H | +0 | + | H | UNC | |
Decatur IL soybeans | +5 | + | F | +5 | + | F | UNC | |
Burns Harbor IN corn | UNQ | UNQ | UNC | |||||
Burns Harbor IN soy | UNQ | UNQ | UNC | |||||
Lafayette IN soy | -5 | + | F | -5 | + | F | UNC | |
Toledo OH (port) | ||||||||
Corn | -5 | + | H | -5 | + | H | UNC | |
Soy | -20 | + | F | -20 | + | F | UNC | |
SRW wheat | -5 | + | F | -5 | + | F | UNC | |
Davenport IA (river) | ||||||||
Corn | -15 | + | H | -19 | + | H | UP 4 | |
Soy | -25 | + | F | -30 | + | F | UP 5 | |
Evansville IN (rail) | ||||||||
15-car CSX corn | +21 | + | H | +14 | + | H | UP 7 | |
Cincinnati OH (rail) | ||||||||
3-car corn | UNQ | UNQ | UNC | |||||
Hereford TX corn | +95 | + | Z | +95 | + | H | NC | |
Columbus OH (rail) | ||||||||
3-car corn | +26 | + | H | +20 | + | H | UP 6 | |
Morris IL (river) | ||||||||
Corn | -10 | + | H | -7 | + | H | DN 3 | |
Soybeans | -12 | + | F | -10 | + | F | DN 2 | |
Fort Worth TX corn | +95 | + | H | +95 | + | H | UNC | |
Blair NE corn | -7 | + | H | -11 | + | H | UP 4 | |
Council Bluffs, IA (elevator) | ||||||||
Corn | -18 | + | H | -20 | + | H | UP 2 | |
Soy | -55 | + | F | -55 | + | F | UNC | |
Des Moines IA soy | -25 | + | F | -25 | + | 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