US Cash Grains-Corn, soy basis bids flat to higher as farmers delay sales

ReutersJan 14, 2026 6:50 PM

CHICAGO, Jan 14 (Reuters) - Spot basis bids for U.S. corn and soybeans were flat to higher at grain elevators and processors in the U.S. Midwest on Wednesday as farmers delayed making sales, traders said.

Farmers stepped back from selling crops as prices have weakened since the U.S. department of Agriculture on Monday issued bigger-than-expected estimates for 2025/26 U.S. and world ending stocks for soybeans, corn and wheat.
A river terminal near Toledo, Ohio, hiked its corn basis bid by 10 cents per bushel.
In Cincinnati, Ohio, a grain elevator raised its corn basis bid by 2 cents and its soybean bid by 4 cents.
The U.S. soybean crush likely rose in December to the second-highest level on record, according to analysts surveyed ahead of a National Oilseed Processors Association report due on Thursday.
U.S. grain and soybean futures rose on the Chicago Board of Trade in a rebound from losses on Monday and Tuesday.

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

ELEVATORS
	CORN				SOYBEANS
CINCINNATI OH	+2	+	H	UP 2	+4	+	H	UP 4
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	UNC
LAFAYETTE IN					-10	+	H	UNC
CEDAR RAPIDS IA	-15	+	H	UNC	-30	+	H	UNC
COUNCIL BLUFFS IA					-40	+	H	UNC
LINCOLN NE					-45	+	H	UNC
BLAIR NE	-10	+	H	UNC

RIVER TERMINALS
	CORN				SOYBEANS
TOLEDO OH	+5	+	H	UP 10	-15	+	H	UNC
SENECA IL	-12	+	H	UNC	-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	UNC
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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