
CHICAGO, Dec 24 (Reuters) - U.S. corn basis bids were steady to up at grain elevators and river terminals in the U.S. Midwest on Wednesday as futures rose.
Corn bids rose 2 cents at a river terminal in Morris, Illinois, and 1 cent at a grain elevator in Council Bluffs, Iowa.
Soybean bids were flat in a spot check of elevators, processors, river and rail terminals.
Corn futures ticked up, supported by robust exports and a weaker dollar, which tends to make U.S. exports cheaper and more competitive for holders of other currencies. [COR/}
Basis values are quoted against CBOT futures in cents/bu:
|
|
|
|
|
|
|
|
|
| Current |
|
|
| Previous |
|
|
|
| Bid |
|
|
| Bid |
|
|
|
Chicago, Illinois |
|
|
|
|
|
|
|
|
Corn processors | -2 | + | H |
| -2 | + | H | UNC |
Corn elevators | +5 | + | H |
| +5 | + | 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 | +12 | + | F |
| +12 | + | 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 | -15 | + | F |
| -15 | + | F | UNC |
SRW wheat | -5 | + | H |
| -5 | + | H | UNC |
Davenport IA (river) |
|
|
|
|
|
|
|
|
Corn | -10 | + | H |
| -10 | + | H | UNC |
Soy | -20 | + | H |
| -20 | + | H | UNC |
Evansville IN (rail) |
|
|
|
|
|
|
|
|
15-car CSX corn | +17 | + | H |
| +17 | + | H | UNC |
Cincinnati OH (rail) |
|
|
|
|
|
|
|
|
3-car corn | UNQ |
|
|
| UNQ |
|
| UNC |
Hereford TX corn | +95 | + | H |
| +95 | + | H | UNC |
Columbus OH (rail) |
|
|
|
|
|
|
|
|
3-car corn | +23 | + | H |
| +23 | + | H | UNC |
Morris IL (river) |
|
|
|
|
|
|
|
|
Corn | -8 | + | H |
| -10 | + | H | UP 2 |
Soybeans | -2 | + | F |
| -2 | + | F | UNC |
Fort Worth TX corn | +95 | + | H |
| +95 | + | H | UNC |
Blair NE corn | -12 | + | H |
| -12 | + | H | UNC |
Council Bluffs, IA (elevator) |
|
|
|
|
|
|
|
|
Corn | -17 | + | H |
| -18 | + | H | UP 1 |
Soy | -55 | + | F |
| -55 | + | F | UNC |
Des Moines IA soy | -25 | + | F |
| -25 | + | F | UNC |
Sioux City IA soy | -55 | + | F |
| -55 | + | 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
---------------------------------------------------------
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