
CHICAGO, Feb 13 (Reuters) - Basis bids for soybeans were flat to lower in a spot check of facilities in the U.S. Midwest on Friday as futures ticked down.
The soybean basis was lower at an elevator in Cincinnati, Ohio and a processor in Decatur, Illinois.
The corn basis was lower at a river terminal in Savanna, Illinois and higher at a processor in Decatur, Illinois.
Chicago soybean futures fell after climbing to a two-month high on Thursday, driven by market expectations of increased Chinese demand for U.S. soy, analysts said. GRA/
But the arrival of a bumper Brazilian harvest put pressure on the market.
Most-active soybeans Sv1 were last down 2-3/4 cents to $11.34-1/2 per bushel, and most-active corn Cv1 was last up 3/4 cent to $4.32 per bushel as of midday.
Basis values are quoted against CBOT futures in cts/bu:
ELEVATORS |
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| CORN |
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| SOYBEANS |
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CINCINNATI OH | +3 | + | H | UNC |
| +0 | + | H | DN 2 |
BURNS HARBOR IN | UNQ |
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| UNC |
| UNQ |
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| UNC |
DECATUR IN | UNQ |
| H | UNC |
| UNQ |
| H | UNC |
DES MOINES IA | UNQ |
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| UNC |
| UNQ |
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| UNC |
LINCOLN NE | -35 | + | H | UNC |
| -55 | + | H | UNC |
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PROCESSORS |
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| CORN |
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| SOYBEANS |
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DECATUR IL | +5 | + | H | UP 2 |
| +5 | + | H | DN 5 |
DECATUR IN |
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| +5 | + | H | UNC |
MORRISTOWN IN |
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| +0 | + | H | UNC |
LAFAYETTE IN |
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| -5 | + | H | UNC |
CEDAR RAPIDS IA | -14 | + | H | UNC |
| -45 | + | H | UNC |
COUNCIL BLUFFS IA |
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| -50 | + | H | UNC |
LINCOLN NE |
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| -45 | + | H | UNC |
BLAIR NE | -12 | + | H | UNC |
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RIVER TERMINALS |
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| CORN |
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| SOYBEANS |
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TOLEDO OH | +10 | + | H | UNC |
| -10 | + | H | UNC |
SENECA IL | -6 | + | H | UNC |
| -12 | + | H | UNC |
SAVANNA IL | -26 | + | H | DN 5 |
| -46 | + | H | UNC |
DAVENPORT IA | -13 | + | H | UNC |
| -19 | + | H | UNC |
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ETHANOL PLANTS |
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LINDEN IN | +0 | + | H | UNC |
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UNION CITY IN | +23 | + | H | UNC |
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ANNAWAN IL | -6 | + | H | UNC |
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COUNCIL BLUFFS IA | -15 | + | H | UNC |
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SRW WHEAT |
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TOLEDO OH | -5 | + | H | UNC |
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CINCINNATI OH | UNQ |
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| UNC |
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DECATUR IN | -25 | + | H | UNC |
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BURNS HARBOR IN | UNQ |
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| UNC |
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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