US Cash Grains-Corn basis flat-up, falling prices slow farmer sales

ReutersJan 13, 2026 9:04 PM

CHICAGO, Jan 13 (Reuters) - Basis bids for U.S. corn were mostly steady to slightly higher on Tuesday at Midwestern grain elevators and processors as falling prices slowed farmer selling, traders said.

Farmers were sitting on their hands and forgoing crop sales after corn and soy prices dropped on Monday and Tuesday, they said.
The corn basis rose by 2 cents per bushel at a rail terminal in Cincinnati, Ohio.
A grain elevator in Council Bluffs, Iowa, raised its corn basis by 1 cent and its soy basis by 2 cents.
The soy basis was steady elsewhere.
U.S. corn futures Cv1 slid to a fresh three-month low, extending prior-day declines triggered by the U.S. Department of Agriculture's outlook for massive supplies following a record-large U.S. harvest. Soybean Sv1 futures touched a 2-1/2 month low.

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

	Current			Previous
	Bid			Bid
Chicago, Illinois
Corn processors	-1	+	H	-1	+	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	-5	+	H	-5	+	H	UNC
Davenport IA (river)
Corn	-10	+	H	-10	+	H	UNC
Soy	-16	+	H	-16	+	H	UNC
Evansville IN (rail)
15-car CSX corn	+20	+	H	+18	+	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	-12	+	H	-12	+	H	UNC
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	-16	+	H	-17	+	H	UP 1
Soy	-66	+	H	-68	+	H	UP 2
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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