
CHICAGO, Feb 25 (Reuters) - Basis bids for soybeans were steady to higher at elevators and processors in a spot check of locations in the U.S. Midwest on Wednesday as futures climbed.
Soybean basis bids gained 1 cent at an elevator in Cincinnati, Ohio and 5 cents at a processor in Cedar Rapids, Iowa.
Corn and soybean basis bids elsewhere in the spot check were unchanged.
Chicago soybean futures rose on optimism over Chinese demand as comments from Beijing eased some concerns over U.S. tariff policy. Corn also ticked up. GRA/
Basis values are quoted against CBOT futures in cts/bu:
ELEVATORS | |||||||||
CORN |
| SOYBEANS | |||||||
CINCINNATI OH | +4 | + | H | UNC | +3 | + | H | UP 1 | |
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 | +2 | + | H | UNC | +10 | + | H | UNC | |
DECATUR IN | +10 | + | H | UNC | |||||
MORRISTOWN IN |
| +0 | + | H | UNC | ||||
LAFAYETTE IN | -5 | + | H | UNC | |||||
CEDAR RAPIDS IA | -7 | + | H | UNC | -35 | + | H | UP 5 | |
COUNCIL BLUFFS IA | -50 | + | H | UNC | |||||
LINCOLN NE | -45 | + | H | UNC | |||||
BLAIR NE | -5 | + | H | UNC | |||||
RIVER TERMINALS | |||||||||
CORN | SOYBEANS | ||||||||
TOLEDO OH | +10 | + | H | UNC | -10 | + | H | UNC | |
SENECA IL | -10 | + | H | UNC |
| -12 | + | H | UNC |
SAVANNA IL | -26 | + | H | UNC | -46 | + | H | UNC | |
DAVENPORT IA | -13 | + | H | UNC | -19 | + | H | UNC | |
ETHANOL PLANTS | |||||||||
LINDEN IN | +0 | + | H | UNC | |||||
UNION CITY IN | +21 | + | H | UNC | |||||
ANNAWAN IL | -2 | + | H | UNC | |||||
COUNCIL BLUFFS IA | -16 | + | H | UNC | |||||
SRW WHEAT | |||||||||
TOLEDO OH | -5 | + | H | UNC | |||||
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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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