CHICAGO, Dec 5 (Reuters) - Spot basis bids for U.S. corn were flat to stronger at Midwestern grain elevators, ethanol plants and river terminals on Thursday, spot checks showed.
* Farmer selling of corn and soybeans remains slow ahead of the end of the year, grain dealers said.
* Weekly U.S. corn export sales exceeded analysts' estimates, signaling solid demand.
* The soy basis jumped by 10 cents a bushel at a river terminal in Toledo, Ohio, and was mostly flat elsewhere.
* U.S. soybean futures firmed on Thursday, led by strong gains in soyoil as Canada's smaller-than-anticipated canola harvest outlook stoked worries about tightening global vegetable oil supplies. GRA/
Basis values are quoted against CBOT futures in cts/bu:
ELEVATORS | |||||||||
CORN | SOYBEANS | ||||||||
CINCINNATI OH | +5 | + | H | UNC | +18 | + | F | DN 1 | |
BURNS HARBOR IN | UNQ | UNC | UNQ | UNC | |||||
DECATUR IN | UNQ | UNC | |||||||
DES MOINES IA | UNQ | UNC | |||||||
LINCOLN NE | -20 | + | H | UNC | |||||
PROCESSORS | |||||||||
CORN | SOYBEANS | ||||||||
DECATUR IL | +6 | + | H | UNC | +5 | + | F | UNC | |
DECATUR IN | +10 | + | F | UNC | |||||
MORRISTOWN IN | +10 | + | F | UNC | |||||
LAFAYETTE IN | +0 | + | F | UNC | |||||
CEDAR RAPIDS IA | -2 | + | H | UNC | -5 | + | F | UNC | |
COUNCIL BLUFFS IA | -10 | + | F | UNC | |||||
LINCOLN NE | -10 | + | F | UNC | |||||
BLAIR NE | +0 | + | H | UNC | |||||
RIVER TERMINALS | |||||||||
CORN | SOYBEANS | ||||||||
TOLEDO OH | -24 | + | H | UNC | -25 | + | F | UP 10 | |
SENECA IL | -4 | + | H | UP 1 | +5 | + | F | UNC | |
SAVANNA IL | -31 | + | H | UNC | -36 | + | F | UNC | |
DAVENPORT IA | -15 | + | H | UNC | -8 | + | F | UNC | |
ETHANOL PLANTS | |||||||||
LINDEN IN | -2 | + | H | UP 5 | |||||
UNION CITY IN | +5 | + | H | UNC | |||||
ANNAWAN IL | -10 | + | H | UNC | |||||
COUNCIL BLUFFS IA | -10 | + | H | UNC | |||||
SRW WHEAT | |||||||||
TOLEDO OH | -30 | + | H | DN 6 | |||||
CINCINNATI OH | UNQ | UNC | |||||||
DECATUR IN | -45 | + | N | UP 5 | |||||
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 = JulyQ = 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 Tom Polansek in Chicago; Editing by Tasim Zahid)
((Thomas.Polansek@thomsonreuters.com))
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