US Cash Grains-Corn, soybean basis bids steady to lower

ReutersFeb 7, 2026 12:55 AM

CHICAGO, Feb 6 (Reuters) - Spot basis bids for soybeans were flat to down at elevators and processors in the U.S. Midwest on Friday, a spot check of locations showed, as futures rose for a fourth straight session.

The soybean basis rose at an elevator in Council Bluffs, Iowa and a processor in Des Moines, Iowa.
Corn futures fell at a river terminal in Davenport, Iowa.
Chicago Board of Trade soybean futures rose again after Wednesday comments by U.S. President Donald Trump about China buying more U.S. soybeans, traders said.
The rally motivated farmers to sell more crops this week, exerting pressure on the cash markets, according to analysts.
CBOT March soybeans SH26 settled 3 cents higher at $11.15-1/4 a bushel. CBOT March corn CH26 closed 4-3/4 cents lower at $4.30-1/4 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	+3	+	H	+0	+	H	UP 3
Soybean elevators	-5	+	H	-5	+	H	UNC
Wheat elevators	-5	+	H	-5	+	H	UNC
Wheat processors	-30	+	H	-30	+	H	UNC
Decatur IL corn	+3	+	H	+3	+	H	UNC
Decatur IL soybeans	+7	+	H	+7	+	H	UNC
Burns Harbor IN corn	UNQ			UNQ			UNC
Burns Harbor IN soy	UNQ			UNQ			UNC
Lafayette IN soy	-5	+	H	-5	+	H	UNC
Toledo OH (port)
Corn	+15	+	H	+15	+	H	UNC
Soy	-10	+	H	-10	+	H	UNC
SRW wheat	+0	+	H	+0	+	H	UNC
Davenport IA (river)
Corn	-11	+	H	-10	+	H	DN 1
Soy	-19	+	H	-19	+	H	UNC
Evansville IN (rail)
15-car CSX corn	+22	+	H	+22	+	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	+31	+	H	+31	+	H	UNC
Morris IL (river)
Corn	-4	+	H	-4	+	H	UNC
Soybeans	-17	+	H	-17	+	H	UNC
Fort Worth TX corn	+95	+	H	+95	+	H	UNC
Blair NE corn	-12	+	H	-12	+	H	UNC
Council Bluffs, IA (elevator)
Corn	-15	+	H	-15	+	H	UNC
Soy	-70	+	H	-65	+	H	DN 5
Des Moines IA soy	-45	+	H	-35	+	H	DN 10
Sioux City IA soy	-50	+	H	-45	+	H	DN 5

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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