ReutersReuters

Soybean bids fall; corn bids mixed

Spot basis bids for soybeans fell at processors, interior elevators and river terminals around the U.S. Midwest on Thursday morning, grain dealers said.

* The cash basis for corn was mixed, falling at elevators and river terminals but rising at processors in the western half of the region.

* Processor bids for corn were flat east of the Mississippi River.

* Corn bids were mixed at ethanol plants.

* Fresh sales on the cash market were rare but growers have begun making deliveries of both commodities to fill previously booked contracts, dealers said.

* The country movement was expected to pick up as harvest expands in the coming days.

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

ELEVATORS

CORN

SOYBEANS

CINCINNATI OH

-45

+

Z

DN 5

-20

+

X

DN 25

BURNS HARBOR IN

-25

+

Z

UNC

-20

+

X

UNC

DECATUR IN

UNQ

UNC

DES MOINES IA

UNQ

UNC

LINCOLN NE

+15

+

Z

DN 25

PROCESSORS

CORN

SOYBEANS

DECATUR IL

-5

+

Z

UNC

+35

+

X

UNC

DECATUR IN

-12

+

X

UNC

MORRISTOWN IN

-5

+

X

UNC

LAFAYETTE IN

-12

+

X

DN 2

CEDAR RAPIDS IA

+10

+

Z

UP 10

-25

+

X

DN 65

COUNCIL BLUFFS IA

+0

+

X

UNC

LINCOLN NE

+10

+

X

UNC

BLAIR NE

+45

+

Z

UP 5

RIVER TERMINALS

CORN

SOYBEANS

TOLEDO OH

-28

+

Z

UNC

-25

+

X

UNC

SENECA IL

-15

+

Z

DN 5

-15

+

X

DN 25

SAVANNA IL

-16

+

Z

UNC

-56

+

X

UNC

DAVENPORT IA

-30

+

Z

UNC

-15

+

X

DN 15

ETHANOL PLANTS

LINDEN IN

-5

+

Z

DN 5

UNION CITY IN

+0

+

Z

UP 10

ANNAWAN IL

-15

+

Z

DN 5

COUNCIL BLUFFS IA

+33

+

Z

DN 2

SRW WHEAT

TOLEDO OH

-33

+

Z

UNC

CINCINNATI OH

UNQ

UNC

DECATUR IN

-20

+

Z

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

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