US Cash Grains-Corn and soybean basis bids largely flat

ReutersFeb 19, 2026 7:11 PM

CHICAGO, Feb 19 (Reuters) - Basis bids for corn and soybeans were mostly unchanged at elevators, river terminals, ethanol plants and other types of processors in a spot check of locations in the U.S. Midwest on Thursday.

In one exception, the basis fell by 1 cent at an ethanol plant in Council Bluffs, Iowa.
Soy basis bids were flat at all locations in the spot check.
Soft red wheat basis bids fell in Toledo, Ohio.
Chicago Board of Trade corn futures fell as U.S. farmers, punished by slumping prices after last year's huge corn harvest, are expected to reduce their plantings of corn in 2026 as they brace for a fourth straight year of narrow profit margins or even losses.
Analysts said demand for corn is high given record ethanol margins and U.S. corn being cheap.

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

ELEVATORS
	CORN				SOYBEANS
CINCINNATI OH	+0	+	H	UNC	-2	+	H	UNC
BURNS HARBOR IN	UNQ			UNC	UNQ			UNC
DECATUR IN	UNQ		H	UNC	UNQ		H	UNC
DES MOINES IA	UNQ			UNC	UNQ			UNC
LINCOLN NE	-35	+	H	UNC	-55	+	H	UNC

PROCESSORS
	CORN				SOYBEANS
DECATUR IL	+5	+	H	UNC	+5	+	H	UNC
DECATUR IN					+5	+	H	UNC
MORRISTOWN IN					+0	+	H	UNC
LAFAYETTE IN					-5	+	H	UNC
CEDAR RAPIDS IA	-14	+	H	UNC	-45	+	H	UNC
COUNCIL BLUFFS IA					-50	+	H	UNC
LINCOLN NE					-45	+	H	UNC
BLAIR NE	-12	+	H	UNC

RIVER TERMINALS
	CORN				SOYBEANS
TOLEDO OH	+10	+	H	UNC	-10	+	H	UNC
SENECA IL	-8	+	H	UNC	-14	+	H	UNC
SAVANNA IL	-26	+	H	UNC	-46	+	H	UNC
DAVENPORT IA	-13	+	H	UNC	-19	+	H	UNC

ETHANOL PLANTS
LINDEN IN	+5	+	H	UNC
UNION CITY IN	+21	+	H	UNC
ANNAWAN IL	-6	+	H	UNC
COUNCIL BLUFFS IA	-16	+	H	DN 1

SRW WHEAT
TOLEDO OH	-5	+	H	DN 7
CINCINNATI OH	UNQ			UNC
DECATUR IN	-25	+	H	UNC
BURNS HARBOR IN	UNQ			UNC

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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