US Cash Grains-Corn, soy basis bids flat as futures rise
Nov 29 (Reuters) -Basis bids for corn and soy were steady in the U.S. Midwest on the Friday after the Thanksgiving holiday as futures strengthened and some locations continued to roll their corn basis to March.
* A river terminal in Morris, Illinois rolled its corn basis to the March contract.
* Most-active CBOT March corn CH25 closed up 5 cents at $4.33 per bushel.
* CBOT January soybeans SF25 settled up 3/4 cent to $9.89-1/2 a bushel.
Basis values are quoted against CBOT futures in cents/bu:
Current | Previous | |||||||
ELEVATORS | Bid | Bid | ||||||
Chicago, Illinois | ||||||||
Corn processors | +25 | + | Z | +25 | + | Z | UNC | |
Corn elevators | -10 | + | H | -10 | + | H | UNC | |
Soybean elevators | -10 | + | F | -10 | + | F | UNC | |
Wheat elevators | +5 | + | Z | +5 | + | Z | UNC | |
Wheat processors | +10 | + | Z | +10 | + | Z | UNC | |
Decatur IL corn | +6 | + | H | +6 | + | H | UNC | |
Decatur IL soybeans | +5 | + | F | +5 | + | F | UNC | |
Burns Harbor IN corn | UNQ | UNQ | UNC | |||||
Burns Harbor IN soy | UNQ | UNQ | UNC | |||||
Lafayette IN soy | +0 | + | F | +0 | + | F | UNC | |
Toledo OH (port) | ||||||||
Corn | -14 | + | H | -24 | + | H | UNC | |
Soy | -10 | + | F | -35 | + | F | UNC | |
SRW wheat | -35 | + | H | -25 | + | Z | UNC | |
Davenport IA (river) | ||||||||
Corn | -12 | + | Z | -9 | + | Z | UNC | |
Soy | -8 | + | F | -8 | + | F | UNC | |
Evansville IN (rail) | ||||||||
15-car CSX corn | UNQ | UNQ | UNC | |||||
Cincinnati OH (rail) | ||||||||
3-car corn | UNQ | UNQ | UNC | |||||
Hereford TX corn | +135 | + | Z | +135 | + | Z | UNC | |
Columbus OH (rail) | ||||||||
3-car corn | +26 | + | Z | +26 | + | Z | UNC | |
Morris IL (river) | ||||||||
Corn | -2 | + | Z | -1 | + | Z | NC | |
Soybeans | +3 | + | F | +3 | + | F | UNC | |
Fort Worth TX corn | +135 | + | Z | +135 | + | Z | UNC | |
Blair NE corn | +5 | + | Z | +15 | + | Z | UNC | |
Council Bluffs, IA (elevator) | ||||||||
Corn | -8 | + | Z | +0 | + | Z | UNC | |
Soy | -28 | + | F | -28 | + | F | UNC | |
Des Moines IA soy | -5 | + | F | -5 | + | F | UNC | |
Sioux City IA soy | +10 | + | F | +10 | + | F | 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
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LINKS: 0#USCSHGRN-AM
For U.S. forward basis spreadsheets, please click on:
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 AM GRA/M
- U.S. CIF/FOB Gulf Grain GRA/F
Reporting by Renee Hickman; Editing by Alistair Bell
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