CHICAGO, June 9 (Reuters) - Spot soybean and corn basis bids were mostly steady to higher at U.S. Midwest river terminals, grain elevators and ethanol plants on Monday, according to a spot check of locations.
The corn basis improved at a grain elevator in Cincinnati, Ohio, river terminals in Seneca, Illinois and Davenport, Iowa and an ethanol plant in Union City, Indiana.
The corn basis fell at a grain elevator in Blair, Nebraska.
Farmers have largely finished planting corn and soybeans.
The U.S. Department of Agriculture on Monday is slated to issue weekly updates on corn and soy crop condition ratings.
Basis values are quoted against CBOT futures in cts/bu:
ELEVATORS | |||||||||
CORN | SOYBEANS | ||||||||
CINCINNATI OH | +9 | + | N | UP 16 | +10 | + | N | UNC | |
BURNS HARBOR IN | UNQ | UNC | UNQ | UNC | |||||
DECATUR IN | UNQ | UNC | |||||||
DES MOINES IA | UNQ | UNC | |||||||
LINCOLN NE | -25 | + | N | UNC | |||||
PROCESSORS | |||||||||
CORN | SOYBEANS | ||||||||
DECATUR IL | +5 | + | N | UNC | +22 | + | N | UNC | |
DECATUR IN | +35 | + | N | UNC | |||||
MORRISTOWN IN | +35 | + | N | UNC | |||||
LAFAYETTE IN | +25 | + | N | UNC | |||||
CEDAR RAPIDS IA | -1 | + | N | UNC | -15 | + | N | UNC | |
COUNCIL BLUFFS IA | -10 | + | N | UNC | |||||
LINCOLN NE | -10 | + | N | UNC | |||||
BLAIR NE | +2 | + | N | DN 3 | |||||
RIVER TERMINALS | |||||||||
CORN | SOYBEANS | ||||||||
TOLEDO OH | +10 | + | N | UNC | +15 | + | N | UNC | |
SENECA IL | +0 | + | N | UP 1 | +0 | + | N | UNC | |
SAVANNA IL | -16 | + | N | UNC | -36 | + | N | UNC | |
DAVENPORT IA | -7 | + | N | UP 2 | -13 | + | N | UNC | |
ETHANOL PLANTS | |||||||||
LINDEN IN | +20 | + | N | UNC | |||||
UNION CITY IN | +40 | + | N | UP 2 | |||||
ANNAWAN IL | -8 | + | N | UNC | |||||
COUNCIL BLUFFS IA | +0 | + | N | UNC | |||||
SRW WHEAT | |||||||||
TOLEDO OH | -25 | + | N | UNC | |||||
CINCINNATI OH | UNQ | UNC | |||||||
DECATUR IN | -30 | + | N | 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 = JulyQ = 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
(Reporting by Renee Hickman)
((renee.hickman@thomsonreuters.com))
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