US Cash Grains-Corn, soybean basis improves as harvest comes to a close
Nov 6 (Reuters) -Basis bids for corn and soybeans rose around the Midwest on Wednesday, with demand from processors and river terminals indicated as the harvest ends.
* Soybean basis bids rose 10 cents at a processor in Morristown, Indiana and another in Council Bluffs, Iowa.
* The corn basis climbed 5 cents at river terminals in Toledo, Ohio and Seneca, Illinois.
* Showers are expected in the U.S. Midwest and Plains in the next one to five days, according to Commodity Weather Group.
ELEVATORS | |||||||||
CORN | SOYBEANS | ||||||||
CINCINNATI OH | -15 | + | Z | UP 1 | -15 | + | F | UP 5 | |
BURNS HARBOR IN | UNQ | UNC | UNQ | UNC | |||||
DECATUR IN | UNQ | UNC | |||||||
DES MOINES IA | UNQ | UNC | |||||||
LINCOLN NE | -25 | + | Z | UNC | |||||
PROCESSORS | |||||||||
CORN | SOYBEANS | ||||||||
DECATUR IL | -5 | + | Z | UP 2 | +5 | + | F | UNC | |
DECATUR IN | -5 | + | F | UP 5 | |||||
MORRISTOWN IN | -5 | + | F | UP 10 | |||||
LAFAYETTE IN | -10 | + | F | UNC | |||||
CEDAR RAPIDS IA | -10 | + | Z | UNC | -25 | + | F | UNC | |
COUNCIL BLUFFS IA | -25 | + | F | UP 10 | |||||
LINCOLN NE | -20 | + | F | UNC | |||||
BLAIR NE | -5 | + | Z | UNC | |||||
RIVER TERMINALS | |||||||||
CORN | SOYBEANS | ||||||||
TOLEDO OH | -25 | + | Z | UP 5 | -35 | + | F | UP 5 | |
SENECA IL | -7 | + | Z | UP 5 | -3 | + | F | UP 3 | |
SAVANNA IL | -36 | + | Z | UNC | -61 | + | F | UNC | |
DAVENPORT IA | -15 | + | Z | UNC | -15 | + | F | UNC | |
ETHANOL PLANTS | |||||||||
LINDEN IN | -20 | + | Z | UNC | |||||
UNION CITY IN | +0 | + | Z | UNC | |||||
ANNAWAN IL | -10 | + | Z | UNC | |||||
COUNCIL BLUFFS IA | -18 | + | Z | UP 2 | |||||
SRW WHEAT | |||||||||
TOLEDO OH | -20 | + | H | UNC | |||||
CINCINNATI OH | UNQ | UNC | |||||||
DECATUR IN | -50 | + | 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 = 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
Reporting by Renee Hickman; Editing by Will Dunham
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