CHICAGO, Dec 4 (Reuters) - Spot basis bids for soybeans and corn were mostly steady to higher on Wednesday in the U.S. Midwest as farmer selling remained slow, grain dealers said.
* The soybean basis jumped by 15 cents a bushel at a river terminal in Savanna, Illinois, and by 5 cents at a Decatur, Indiana processor.
* Soybean crush margins have declined since early November but remain profitable, supporting processor demand.
* Chicago Board of Trade January soybean futures SF25 were down 6-3/4 cents at $9.85 per bushel by 11:50 a.m. CST (1750 GMT). CBOT March corn futures CH25 slipped 2 cents to $4.30-1/4 a bushel. GRA/
Basis values are quoted against CBOT futures in cts/bu:
ELEVATORS | |||||||||
CORN | SOYBEANS | ||||||||
CINCINNATI OH | +5 | + | H | DN 7 | +19 | + | F | UP 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 | UP 5 | |||||
MORRISTOWN IN | +10 | + | F | UNC | |||||
LAFAYETTE IN | +0 | + | F | DN 5 | |||||
CEDAR RAPIDS IA | -2 | + | H | UP 3 | -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 | -35 | + | F | UNC | |
SENECA IL | -5 | + | H | UNC | +5 | + | F | UNC | |
SAVANNA IL | -31 | + | H | UP 3 | -36 | + | F | UP 15 | |
DAVENPORT IA | -15 | + | H | UNC | -8 | + | F | UNC | |
ETHANOL PLANTS | |||||||||
LINDEN IN | -7 | + | H | UNC | |||||
UNION CITY IN | +5 | + | H | UNC | |||||
ANNAWAN IL | -10 | + | H | UNC | |||||
COUNCIL BLUFFS IA | -10 | + | H | UNC | |||||
SRW WHEAT | |||||||||
TOLEDO OH | -24 | + | H | UP 6 | |||||
CINCINNATI OH | UNQ | UNC | |||||||
DECATUR IN | -50 | + | 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 Tom Polansek in Chicago; Editing by Vijay Kishore)
((Thomas.Polansek@thomsonreuters.com))
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