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US Cash Grains-Soy basis steady-firmer at crushing sites

ReutersApr 30, 2026 5:32 PM
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- Spot basis bids for soybeans firmed at several soy crushing facilities in the U.S. Midwest on Thursday, reflecting processor demand for soybean supplies as crush margins remain elevated.

  • The spot soy basis firmed by 5 to 10 cents a bushel at crushing plants in Decatur, Indiana; Lafayette, Indiana, and Council Bluffs, Iowa.

  • Basis bids for corn were mostly steady, with only a few mixed changes.

  • More locations have rolled their basis bids to the Chicago Board of Trade July corn CN26, soybean SN26 and wheat WN26 futures contracts as the CBOT's May contracts approach their May 14 expiration.

  • On the CBOT, July corn CN26 was down 2-3/4 cents at $4.65 a bushel near midday on Thursday while July soybeans SN26 were up 1/4 cent at $11.97-1/4 a bushel. GRA/

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

ELEVATORS

CORN

SOYBEANS

CINCINNATI OH

+25

+

K

UP 1

+20

+

K

UNC

BURNS HARBOR IN

UNQ

UNC

UNQ

UNC

DECATUR IN

UNQ

UNC

UNQ

UNC

DES MOINES IA

UNQ

UNC

UNQ

UNC

LINCOLN NE

-34

+

K

UNC

-55

N

UNC

PROCESSORS

CORN

SOYBEANS

DECATUR IL

+8

+

N

UNC

+20

+

N

UNC

DECATUR IN

+10

+

N

UP 5

MORRISTOWN IN

+5

+

N

UNC

LAFAYETTE IN

+30

+

K

UP 5

CEDAR RAPIDS IA

-10

+

K

UNC

-30

+

N

UNC

COUNCIL BLUFFS IA

-35

+

N

UP 10

LINCOLN NE

-30

+

N

UNC

BLAIR NE

-13

+

K

UNC

RIVER TERMINALS

CORN

SOYBEANS

TOLEDO OH

+5

+

N

NC

-15

+

N

NC

SENECA IL

+2

+

K

UNC

-7

+

K

UNC

SAVANNA IL

-36

+

N

NC

-76

+

N

NC

DAVENPORT IA

-18

+

K

UNC

-26

+

K

UNC

ETHANOL PLANTS

LINDEN IN

+5

+

K

UNC

UNION CITY IN

+23

+

N

DN 2

ANNAWAN IL

-12

+

N

UNC

COUNCIL BLUFFS IA

-20

+

N

NC

SRW WHEAT

TOLEDO OH

-10

+

K

UNC

CINCINNATI OH

UNQ

UNC

DECATUR IN

-20

+

K

UNC

BURNS HARBOR IN

UNQ

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

--------------------------------------------------------

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

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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