US Cash Grains-Soy basis bids flat-up at processors, futures drop

ReutersJan 13, 2026 3:00 PM

CHICAGO, Jan 13 (Reuters) - Spot basis bids for U.S. soybeans were steady to stronger at processing locations on Tuesday, traders said, as a decline in prices discouraged farmers from selling their crops.

Grain and soybean futures stayed under pressure after falling on Monday, when the U.S. Department of Agriculture issued bearish crop reports.
The USDA released bigger-than-expected estimates for 2025/26 U.S. and world ending stocks for soybeans, corn and wheat.
Traders questioned an increase in USDA's monthly estimate for the amount of U.S. corn used domestically for feed and residual purposes because cattle inventories remain low.
Corn basis bids were largely steady.
On the Chicago Board of Trade, March corn futures CH26 were down 3/4 cent at $4.20-3/4 per bushel at 8:50 a.m. CST (1450 GMT) and touched the lowest price since August 15.

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

ELEVATORS
	CORN				SOYBEANS
CINCINNATI OH	+0	+	H	UNC	+0	+	H	UNC
BURNS HARBOR IN	UNQ			UNC	UNQ			UNC
DECATUR IN	UNQ		H	UNC	UNQ		H	UNC
DES MOINES IA	UNQ			UNC	UNQ			UNC
LINCOLN NE	-42	+	H	UNC	-60	+	H	UNC

PROCESSORS
	CORN				SOYBEANS
DECATUR IL	+5	+	H	UNC	+5	+	H	UNC
DECATUR IN					-5	+	H	UNC
MORRISTOWN IN					-5	+	H	UP 5
LAFAYETTE IN					-10	+	H	UNC
CEDAR RAPIDS IA	-15	+	H	UNC	-30	+	H	UNC
COUNCIL BLUFFS IA					-40	+	H	UP 5
LINCOLN NE					-45	+	H	UNC
BLAIR NE	-10	+	H	UNC

RIVER TERMINALS
	CORN				SOYBEANS
TOLEDO OH	-5	+	H	UNC	-15	+	H	UNC
SENECA IL	-12	+	H	DN 2	-14	+	H	UNC
SAVANNA IL	-26	+	H	UNC	-51	+	H	UNC
DAVENPORT IA	-10	+	H	UNC	-16	+	H	UNC

ETHANOL PLANTS
LINDEN IN	-7	+	H	UNC
UNION CITY IN	+15	+	H	UP 2
ANNAWAN IL	-8	+	H	UNC
COUNCIL BLUFFS IA	-15	+	H	UNC

SRW WHEAT
TOLEDO OH	-10	+	H	UNC
CINCINNATI OH	UNQ			UNC
DECATUR IN	-30	+	H	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

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