CHICAGO, June 17 (Reuters) - Spot basis bids for U.S. soybeans and corn were mixed in the U.S. Midwest on Tuesday, dealers said.
The soy basis declined at an Iowa river terminal and increased at an Illinois river terminal.
The corn basis increased at a Chicago processor, decreased at an Iowa river terminal and rose at an Iowa elevator.
Chicago Board of Trade soybean futures closed higher on Tuesday, supported by rising crude oil prices and uncertainty about Midwest crop weather in the weeks ahead, while soyoil prices eased following a sharp two-day rally tied to stronger U.S. biofuel blending mandates.
Strength in energy markets supported corn and soybeans, given the crops' role in the production of biofuels. U.S. crude oil prices climbed 4% as the Iran-Israel conflict raged with no end in sight, though major oil and gas infrastructure and flows have so far been spared from substantial impact.
CBOT July soybeans SN25 settled up 4-1/4 cents at $10.74 per bushel.
CBOT July corn CN25 settled down 3-1/4 cents at $4.31-1/2 a bushel.
Basis values are quoted against CBOT futures in cents/bu:
Current | Previous | ||||||
Bid | Bid | ||||||
Chicago, Illinois | |||||||
Corn processors | +18 | + | N | +15 | + | N | UP 3 |
Corn elevators | +30 | + | N | +30 | + | N | UNC |
Soybean elevators | -5 | + | N | -5 | + | N | UNC |
Wheat elevators | +0 | + | N | +0 | + | N | UNC |
Wheat processors | -20 | + | N | -20 | + | N | UNC |
Decatur IL corn | +8 | + | N | +8 | + | N | UNC |
Decatur IL soybeans | -20 | + | X | -20 | + | X | UNC |
Burns Harbor IN corn | UNQ | UNQ | UNC | ||||
Burns Harbor IN soy | UNQ | UNQ | UNC | ||||
Lafayette IN soy | -5 | + | N | -5 | + | N | UNC |
Toledo OH (port) | |||||||
Corn | +10 | + | N | +10 | + | N | UNC |
Soy | -50 | + | X | -50 | + | X | UNC |
SRW wheat | -25 | + | N | -25 | + | N | UNC |
Davenport IA (river) | |||||||
Corn | -11 | + | N | -9 | + | N | DN 2 |
Soy | -28 | + | N | -22 | + | N | DN 6 |
Evansville IN (rail) | |||||||
15-car CSX corn | +27 | + | N | +27 | + | N | UNC |
Cincinnati OH (rail) | |||||||
3-car corn | UNQ | UNQ | UNC | ||||
Hereford TX corn | +120 | + | N | +120 | + | N | UNC |
Columbus OH (rail) | |||||||
3-car corn | +34 | + | N | +34 | + | N | UNC |
Morris IL (river) | |||||||
Corn | -1 | + | N | -1 | + | N | UNC |
Soybeans | -5 | + | N | -9 | + | N | UP 4 |
Fort Worth TX corn | +120 | + | N | +120 | + | N | UNC |
Blair NE corn | +6 | + | N | +6 | + | N | UNC |
Council Bluffs, IA (elevator) | |||||||
Corn | +2 | + | N | +0 | + | N | UP 2 |
Soy | -25 | + | X | -18 | + | X | DN 7 |
Des Moines IA soy | -30 | + | X | -30 | + | X | UNC |
Sioux City IA soy | -15 | + | N | -15 | + | N | 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 Heather Schlitz, editing by Deepa Babington)
((Heather.Schlitz@thomsonreuters.com;))
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。