US Cash Grains-Soy basis falls at Midwest processors, river terminals

Reuters2024-12-24
US Cash Grains-Soy basis falls at <a href="https://laohu8.com/S/MDWT">Midwest</a> processors, river terminals

CHICAGO, Dec 23 (Reuters) - Spot basis bids for soybeans fell at processors and river terminals around the U.S. Midwest on Monday as futures weakened and there was plenty of supply, according to dealers.

* The soybean basis lost 10 cents at a processor in Lincoln, Nebraska and three cents at a river terminal in Seneca, Illinois.

* The corn basis gained four cents at a processor in Cedar Rapids, Iowa and weakened by eight cents at an elevator in Cincinnati, Ohio.

* March corn futures CH25 traded up one cent at $4.47-1/4 at 11:06 a.m. CST (1706 GMT).

* January soybean futures SF25 fell 3-1/2 cents at $9.71 a bushel.

ELEVATORS

CORN

SOYBEANS

CINCINNATI OH

-10

+

H

DN 8

+14

+

F

UNC

BURNS HARBOR IN

UNQ

UNC

UNQ

UNC

DECATUR IN

UNQ

UNC

DES MOINES IA

UNQ

UNC

LINCOLN NE

-25

+

H

DN 2

PROCESSORS

CORN

SOYBEANS

DECATUR IL

+2

+

H

UNC

+5

+

F

UNC

DECATUR IN

+10

+

F

UNC

MORRISTOWN IN

+0

+

F

UNC

LAFAYETTE IN

+5

+

F

UNC

CEDAR RAPIDS IA

-7

+

H

UP 4

-15

+

F

UNC

COUNCIL BLUFFS IA

-20

+

F

UNC

LINCOLN NE

-25

+

F

DN 10

BLAIR NE

-5

+

H

UNC

RIVER TERMINALS

CORN

SOYBEANS

TOLEDO OH

-20

+

H

UNC

-20

+

F

UNC

SENECA IL

-10

+

H

UNC

+5

+

F

DN 3

SAVANNA IL

-26

+

H

UNC

-36

+

F

UNC

DAVENPORT IA

-18

+

H

UNC

-13

+

F

UNC

ETHANOL PLANTS

LINDEN IN

-10

+

H

UNC

UNION CITY IN

+5

+

H

UNC

ANNAWAN IL

-8

+

H

UP 2

COUNCIL BLUFFS IA

-12

+

H

UNC

SRW WHEAT

TOLEDO OH

-30

+

H

UNC

CINCINNATI OH

UNQ

UNC

DECATUR IN

-45

+

N

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

--------------------------------------------------------

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 Rod Nickel)

((renee.hickman@thomsonreuters.com))

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