
CHICAGO, Feb 23 (Reuters) - Basis bids for corn and soybeans were mostly steady to higher at elevators and processors in a spot check of locations in the U.S. Midwest on Monday, as futures ticked up slightly.
Corn basis bids rose at a processor in Cedar Rapids Iowa and an elevator in Blair, Nebraska.
Soy basis bids rose at processors in Decatur, Indiana and Cedar Rapids, Iowa.
Corn basis bids fell at a river terminal in Seneca, Illinois, and an ethanol plant in Linden.
Chicago soybean fell near mid-day on Monday after the Supreme Court struck down President Donald Trump's import tariffs, adding to doubt over the future of U.S. trade deals to import oilseeds and grains.GRA/
Corn futures traded near flat, also pressured by wider market doubts.
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 | +0 | + | H | UNC |
| -3 | + | H | DN 1 |
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 | UNC |
| +5 | + | H | UNC |
DECATUR IN |
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| +10 | + | H | UP 5 |
MORRISTOWN IN |
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| +0 | + | H | UNC |
LAFAYETTE IN |
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| -5 | + | H | UNC |
CEDAR RAPIDS IA | -12 | + | H | UP 2 |
| -40 | + | H | UP 5 |
COUNCIL BLUFFS IA |
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| -50 | + | H | UNC |
LINCOLN NE |
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| -45 | + | H | UNC |
BLAIR NE | -7 | + | H | UP 5 |
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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 | -10 | + | H | DN 2 |
| -12 | + | H | UP 2 |
SAVANNA IL | -26 | + | H | UNC |
| -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 | DN 5 |
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UNION CITY IN | +21 | + | H | UNC |
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ANNAWAN IL | -2 | + | H | UNC |
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COUNCIL BLUFFS IA | UNQ |
| H | NC |
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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