CHICAGO, Dec 19 (Reuters) - Spot basis bids for corn were flat to lower at river terminals and ethanol plants around the U.S. Midwest on Thursday as futures firmed and merchants said they were receiving plenty of supply.
* The corn basis fell at a river terminal in Davenport, Iowa and an ethanol plant in Linden, Indiana.
* March corn futures CH25 traded up 1-1/2 cents at $4.38-3/4 at 11:11 a.m. CST (1711 GMT).
* January soybean futures SF25 rose 5-1/4 cents to $9.57 a bushel, having earlier reached contract lows.
Basis values are quoted against CBOT futures in cts/bu:
ELEVATORS | |||||||||
CORN | SOYBEANS | ||||||||
CINCINNATI OH | -2 | + | H | UNC | +14 | + | F | UNC | |
BURNS HARBOR IN | UNQ | UNC | UNQ | UNC | |||||
DECATUR IN | UNQ | UNC | |||||||
DES MOINES IA | UNQ | UNC | |||||||
LINCOLN NE | -23 | + | H | UNC | |||||
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 | -11 | + | H | UNC | -15 | + | F | UNC | |
COUNCIL BLUFFS IA | -20 | + | F | UNC | |||||
LINCOLN NE | -15 | + | F | UNC | |||||
BLAIR NE | -5 | + | H | UNC | |||||
RIVER TERMINALS | |||||||||
CORN | SOYBEANS | ||||||||
TOLEDO OH | -20 | + | H | UNC | -20 | + | F | UNC | |
SENECA IL | -10 | + | H | UNC | +8 | + | F | UNC | |
SAVANNA IL | -26 | + | H | UNC | -36 | + | F | UNC | |
DAVENPORT IA | -18 | + | H | DN 4 | -13 | + | F | UNC | |
ETHANOL PLANTS | |||||||||
LINDEN IN | -10 | + | H | DN 3 | |||||
UNION CITY IN | +5 | + | H | UNC | |||||
ANNAWAN IL | -10 | + | 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 Tasim Zahid)
((renee.hickman@thomsonreuters.com))
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