US Cash Grains-Corn, soybean basis bids unchanged to higher

ReutersJan 15, 2026 9:50 PM

CHICAGO, Jan 15 (Reuters) - Basis bids for U.S. corn and soybeans were steady to higher on Thursday across the Midwest as farmer selling stayed slow, dealers said.

The corn basis increased by 10 cents per bushel at a grain elevator near Chicago for quick deliveries by Friday.
A port facility in Toledo, Ohio, also increased its corn basis by 10 cents.
Farmers were holding tight to bushels they have in storage bins after prices fell earlier this week.
Some said they were hoping that weather conditions could potentially deteriorate in rival producer Brazil and ignite a rally in the markets.
Chicago Board of Trade corn Cv1 and soybean Sv1 futures set October lows on Tuesday after the U.S. Department of Agriculture on Monday issued bigger-than-expected estimates for last year's U.S. harvests and 2025/26 ending stocks.
Soybean futures rose on Thursday while corn futures slumped.GRA/
The U.S. soybean crush jumped in December to the second-highest monthly level on record while soyoil stocks swelled to a 19-month high, according to a monthly National Oilseed Processors Association (NOPA) report.

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	+15	+	H	+5	+	H	UP 10
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	-5	+	H	-10	+	H	UP 5
Toledo OH (port)
Corn	+5	+	H	-5	+	H	UP 10
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	+20	+	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	+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	-16	+	H	UNC
Soy	-66	+	H	-66	+	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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