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US Cash Grains-Soybean basis steady to higher at river terminals



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CHICAGO, Oct 11 (Reuters) -Basis bids for soybeans were steady to higher at river terminals in the U.S. Midwest in a spot check on Friday.

Corn basis bids were steady to lower at processors and river terminals.

* The soybean basis rose by 5 cents a bushel at a river terminal in Toledo, Ohio and another in Davenport, Iowa.

* The corn basis fell by 4 cents a bushel at a processor in Decatur, Illinois and by 5 cents a bushel at the river terminal in Davenport.

* CBOT November soybeans SX24 settled down 9-1/4 cents at $10.1-3/4 a bushel.

* CBOT December corn CZ24 finished down 2-3/4 cents at $4.15-3/4 a bushel.

Basis values are quoted against CBOT futures in cents/bu:


Current




Previous



ELEVATORS

Bid




Bid




Chicago, Illinois









Corn processors

+15

+

Z


+15

+

Z

UNC

Corn elevators

-15

+

Z


-15

+

Z

UNC

Soybean elevators

-20

+

X


-20

+

X

UNC

Wheat elevators

-10

+

Z


-10

+

Z

UNC

Wheat processors

-20

+

Z


-20

+

Z

UNC

Decatur IL corn

-27

+

Z


-23

+

Z

DN 4

Decatur IL soybeans

-25

+

X


-25

+

X

UNC

Burns Harbor IN corn

UNQ




UNQ



UNC

Burns Harbor IN soy

UNQ




UNQ



UNC

Lafayette IN soy

-45

+

X


-45

+

X

UNC

Toledo OH (port)









Corn

-35

+

Z


-35

+

Z

UNC

Soy

-50

+

X


-55

+

X

UP 5

SRW wheat

-25

+

Z


-25

+

Z

UNC

Davenport IA (river)









Corn

-50

+

Z


-45

+

Z

DN 5

Soy

-55

+

X


-59

+

X

UP 4

Evansville IN (rail)









15-car CSX corn

UNQ




UNQ



UNC

Cincinnati OH (rail)









3-car corn

UNQ




UNQ



UNC

Hereford TX corn

+135

+

Z


+135

+

Z

UNC

Columbus OH (rail)









3-car corn

-26

+

Z


-26

+

Z

UNC

Morris IL (river)









Corn

-44

+

Z


-44

+

Z

UNC

Soybeans

-35

+

X


-35

+

X

UNC

Fort Worth TX corn

+135

+

Z


+135

+

Z

UNC

Blair NE corn

-15

+

Z


-15

+

Z

UNC

Council Bluffs, IA (elevator)









Corn

-23

+

Z


-23

+

Z

UNC

Soy

-53

+

X


-53

+

X

UNC

Des Moines IA soy

-50

+

X


-50

+

X

UNC

Sioux City IA soy

-40

+

X


-40

+

X

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 = July, Q = August, U = September, X = November, Z = December

---------------------------------------------------------

LINKS: 0#USCSHGRN-AM

For U.S. forward basis spreadsheets, please click on:

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 AM GRA/M

- U.S. CIF/FOB Gulf Grain GRA/F



Reporting by Renee Hickman; Editing by Richard Chang

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