CHICAGO, Dec 27 (Reuters) - Spot basis bids for corn were steady to lower at elevators around the U.S. Midwest on Friday, and steady to higher at river terminals, a spot check showed, as futures traded flat to higher.
* The corn basis fell by 3 cents at an elevator in Cincinnati, Ohio. It fell by 1 cent at another elevator in Blair, Nebraska.
* The corn basis improved by 2 cents at a river terminal in Seneca, Illinois.
* The U.S. Department of Agriculture reported net weekly corn export sales of 1,711,300 metric tons, above trade expectations for 1,000,000-1,600,000 metric tons.
* The agency reported net weekly soybean export sales of 978,400 metric tons, below trade expectations for 1,000,000-1,800,000 metric tons.
* The soybean basis rolled onto the March contract in some locations.
* March corn futures CH25 gained 1/4 cent at $4.54 a bushel at 10:56 a.m. CST (1656 GMT).
* March soybean futures SH25 fell 6-1/4 cents to $9.91 a bushel.
ELEVATORS | |||||||||
CORN | SOYBEANS | ||||||||
CINCINNATI OH | -4 | + | H | DN 3 | +11 | + | F | DN 2 | |
BURNS HARBOR IN | UNQ | UNC | UNQ | UNC | |||||
DECATUR IN | UNQ | UNC | |||||||
DES MOINES IA | UNQ | UNC | |||||||
LINCOLN NE | -25 | + | H | UNC | |||||
PROCESSORS | |||||||||
CORN | SOYBEANS | ||||||||
DECATUR IL | +2 | + | H | UNC | +5 | + | F | UNC | |
DECATUR IN | +8 | + | H | NC | |||||
MORRISTOWN IN | +0 | + | H | NC | |||||
LAFAYETTE IN | +5 | + | F | UNC | |||||
CEDAR RAPIDS IA | -12 | + | H | UNC | -15 | + | F | UNC | |
COUNCIL BLUFFS IA | -20 | + | H | NC | |||||
LINCOLN NE | -25 | + | F | UNC | |||||
BLAIR NE | -6 | + | H | DN 1 | |||||
RIVER TERMINALS | |||||||||
CORN | SOYBEANS | ||||||||
TOLEDO OH | -20 | + | H | UNC | -20 | + | H | NC | |
SENECA IL | -8 | + | H | UP 2 | +5 | + | F | UNC | |
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 | UNC | |||||
COUNCIL BLUFFS IA | -12 | + | H | UNC | |||||
SRW WHEAT | |||||||||
TOLEDO OH | -30 | + | H | UNC | |||||
CINCINNATI OH | UNQ | UNC | |||||||
DECATUR IN | -45 | + | 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 = 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 Renee Hickman; Editing by Chris Reese)
((renee.hickman@thomsonreuters.com))
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