Corn basis bids steady-weaker at Midwest processors
Spot basis bids for corn were mostly steady to lower at processors in the U.S. Midwest on Friday, dealers said.
* The spot basis fell by 3 cents at a processor in Decatur, Illinois, and by 10 cents in Blair, Nebraska.
* Soybean basis bids were mostly steady, though basis rose by 7 cents at a processor in Decatur, Indiana.
* CBOT grain 
ZC1! and soybean 
ZS1! futures rose in early trading.
* The CBOT markets and many elevators are operating on reduced schedules after the Thanksgiving holiday on Thursday.
Basis values are quoted against CBOT futures in cts/bu:
CORN | SOYBEANS | |||||||
CINCINNATI OH | +0 | + | Z | UNC | +3 | + | F | UNC |
BURNS HARBOR IN | -35 | + | Z | UNC | -30 | + | F | UNC |
DECATUR IN | UNQ | UNC | ||||||
DES MOINES IA | UNQ | UNC | ||||||
LINCOLN NE | +45 | + | Z | UNC | ||||
PROCESSORS | ||||||||
CORN | SOYBEANS | |||||||
DECATUR IL | +27 | + | Z | DN 3 | +20 | + | F | UNC |
DECATUR IN | +7 | + | F | UP 7 | ||||
MORRISTOWN IN | +25 | + | F | UNC | ||||
LAFAYETTE IN | +20 | + | F | UNC | ||||
CEDAR RAPIDS IA | +12 | + | Z | UNC | +0 | + | F | UNC |
COUNCIL BLUFFS IA | +55 | + | F | UNC | ||||
LINCOLN NE | +65 | + | F | UNC | ||||
BLAIR NE | +70 | + | Z | DN 10 | ||||
RIVER TERMINALS | ||||||||
CORN | SOYBEANS | |||||||
TOLEDO OH | -40 | + | Z | UNC | -20 | + | F | UNC |
SENECA IL | -15 | + | Z | UNC | +0 | + | F | UNC |
SAVANNA IL | -39 | + | Z | UNC | -61 | + | F | UNC |
DAVENPORT IA | -15 | + | Z | UNC | -10 | + | F | UNC |
ETHANOL PLANTS | ||||||||
LINDEN IN | +10 | + | Z | UNC | ||||
UNION CITY IN | +15 | + | Z | UNC | ||||
ANNAWAN IL | +0 | + | Z | UNC | ||||
COUNCIL BLUFFS IA | +60 | + | Z | UNC | ||||
SRW WHEAT | ||||||||
TOLEDO OH | -30 | + | Z | 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 = 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
- CBOT soybean report
- CBOT wheat report
- U.S. grain barge freight values
- U.S. Midwest cash grain AM
- U.S. CIF/FOB Gulf Grain