US Cash Grains-Soy, corn basis steady-higher in muted trade

ReutersFeb 11, 2026 8:22 PM

CHICAGO, Feb 11 (Reuters) - Spot basis bids for soybeans and corn were flat to higher in the U.S. Midwest on Wednesday as trade remained slow following an unsurprising U.S. Department of Agriculture report on Tuesday.

The corn basis rose at an Iowa elevator, and the soybean basis rose at an Illinois river terminal.
Chicago soybean futures turned higher on Wednesday on technical buying and continued hopes of stronger Chinese demand, analysts said, with the benchmark contract heading back toward a two-month peak set last week.
Corn futures slumped in choppy trade.
CBOT March soybeans SH26 settled 1-1/2 cents higher at $11.24 per bushel. CBOT March corn CH26 settled 1-1/4 cents lower at $4.27-1/2 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	+0	+	H	+0	+	H	UNC
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	+10	+	H	+10	+	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	+10	+	H	+10	+	H	UNC
Soy	-10	+	H	-10	+	H	UNC
SRW wheat	-5	+	H	-5	+	H	UNC

Davenport IA (river)
Corn	-11	+	H	-11	+	H	UNC
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	-6	+	H	-6	+	H	UNC
Soybeans	-12	+	H	-17	+	H	UP 5
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	-68	+	H	-70	+	H	UP 2
Des Moines IA soy	-45	+	H	-45	+	H	UNC
Sioux City IA soy	-50	+	H	-50	+	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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