US Cash Grains-Soy basis steady, corn mixed as market awaits WASDE

ReutersJan 9, 2026 7:57 PM

CHICAGO, Jan 9 (Reuters) - Basis bids for corn were mixed and soybeans were steady in the U.S. Midwest on Friday as market players awaited the release of highly anticipated U.S. Department of Agriculture reports on Monday.

Market players have been reluctant to make big moves ahead of the set of USDA reports.
The USDA is scheduled to issue estimates for U.S. winter wheat plantings on Monday, along with estimates for last year's corn and soybean yields and other data.
Exporters sold 198,000 metric tons of U.S. soybeans to China, the USDA said in a daily reporting system, after it reported sales of 132,000 tons of U.S. soybeans to China on Thursday.
On the Chicago Board of Trade, most-active soybean futures Sv1 rose 1-1/4 cent to end at $10.62-1/4 per bushel. CBOT most-active corn Cv1 settled 1/4 cent lower at $4.45-3/4 per bushel.

Basis values are quoted against CBOT futures in cents/bu:

	Current			Previous
	Bid			Bid
Chicago, Illinois
Corn processors	+0	+	H	+0	+	H	UNC
Corn elevators	+5	+	H	+5	+	H	UNC
Soybean elevators	-20	+	H	-20	+	H	UNC
Wheat elevators	-15	+	H	-15	+	H	UNC
Wheat processors	-15	+	H	-15	+	H	UNC
Decatur IL corn	+5	+	H	+5	+	H	UNC
Decatur IL soybeans	+5	+	H	+5	+	H	UNC
Burns Harbor IN corn	UNQ			UNQ			UNC
Burns Harbor IN soy	UNQ			UNQ			UNC
Lafayette IN soy	-10	+	H	-10	+	H	UNC
Toledo OH (port)
Corn	-5	+	H	-5	+	H	UNC
Soy	-15	+	H	-15	+	H	UNC
SRW wheat	-10	+	H	-10	+	H	UNC
Davenport IA (river)
Corn	-10	+	H	-10	+	H	UNC
Soy	-16	+	H	-18	+	H	UP 2
Evansville IN (rail)
15-car CSX corn	+18	+	H	+16	+	H	UP 2
Cincinnati OH (rail)
3-car corn	UNQ			UNQ			UNC
Hereford TX corn	+95	+	H	+95	+	H	UNC
Columbus OH (rail)
3-car corn	+24	+	H	+24	+	H	UNC
Morris IL (river)
Corn	-10	+	H	-9	+	H	DN 1
Soybeans	-14	+	H	-14	+	H	UNC
Fort Worth TX corn	+95	+	H	+95	+	H	UNC
Blair NE corn	-10	+	H	-10	+	H	UNC
Council Bluffs, IA (elevator)
Corn	-17	+	H	-17	+	H	UNC
Soy	-68	+	H	-68	+	H	UNC
Des Moines IA soy	-35	+	H	-35	+	H	UNC
Sioux City IA soy	-40	+	H	-40	+	H	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

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