CHICAGO, Feb 13 (Reuters) - Spot basis bids for corn and soybeans were steady to up at elevators, processors and river terminals around the Midwest in a spot check on Thursday, with analysts saying farmers' sales of corn were picking up in some locations.
* Basis bids for soybeans rose at a processor in Cedar Rapids, Iowa and a river terminal in Davenport, Iowa.
* Corn basis bids also rose at the Cedar Rapids location and an elevator in Blair, Nebraska.
* CBOT March soybeans SH25 were up 1-3/4 cents at $10.29-1/2 at 12:58 p.m. CST (1858 GMT).
* CBOT March corn futures were up 3-3/4 cents at $4.94 per bushel.
Basis values are quoted against CBOT futures in cts/bu:
ELEVATORS | |||||||||
CORN | SOYBEANS | ||||||||
CINCINNATI OH | +2 | + | H | UNC | -8 | + | H | UNC | |
BURNS HARBOR IN | UNQ | UNC | UNQ | UNC | |||||
DECATUR IN | UNQ | UNC | |||||||
DES MOINES IA | UNQ | UNC | |||||||
LINCOLN NE | -35 | + | H | UNC | |||||
PROCESSORS | |||||||||
CORN | SOYBEANS | ||||||||
DECATUR IL | -2 | + | H | UNC | -15 | + | H | UNC | |
DECATUR IN | +0 | + | H | UNC | |||||
MORRISTOWN IN | -10 | + | H | UNC | |||||
LAFAYETTE IN | -12 | + | H | UNC | |||||
CEDAR RAPIDS IA | -4 | + | H | UP 5 | -25 | + | H | UP 5 | |
COUNCIL BLUFFS IA | -40 | + | H | UNC | |||||
LINCOLN NE | -40 | + | H | UNC | |||||
BLAIR NE | -10 | + | H | UP 5 | |||||
RIVER TERMINALS | |||||||||
CORN | SOYBEANS | ||||||||
TOLEDO OH | -10 | + | H | UNC | -15 | + | H | UNC | |
SENECA IL | -12 | + | H | UNC | -30 | + | H | UNC | |
SAVANNA IL | -36 | + | H | UNC | -41 | + | H | UNC | |
DAVENPORT IA | -12 | + | H | UNC | -18 | + | H | UP 2 | |
ETHANOL PLANTS | |||||||||
LINDEN IN | -12 | + | H | UNC | |||||
UNION CITY IN | +6 | + | H | UNC | |||||
ANNAWAN IL | -5 | + | H | UNC | |||||
COUNCIL BLUFFS IA | -22 | + | H | UNC | |||||
SRW WHEAT | |||||||||
TOLEDO OH | -30 | + | H | UNC | |||||
CINCINNATI OH | UNQ | UNC | |||||||
DECATUR IN | -35 | + | 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
--------------------------------------------------------
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 Richard Chang)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.