US Cash Grains-Soy basis steady-firmer at crushing sites

Reuters
2025/10/14
US Cash Grains-Soy basis steady-firmer at crushing sites

CHICAGO, Oct 13 (Reuters) - Basis bids for soybeans firmed at several crushing plants in the U.S. Midwest on Monday as the soy harvest wound down while corn bids were mostly steady with a few mixed changes, spot checks showed.

  • The basis firmed by 10 cents at a Lafayette, Indiana, crushing facility and by 5 cents at processors in Morristown and Decatur, Indiana.

  • The corn basis firmed at an ethanol plant in Union City, Indiana, and an elevator in Cincinnati, but fell by a penny at Seneca, Illinois, on the Illinois River.

  • Chicago Board of Trade corn futures ended lower on Monday on pressure from the ongoing harvest while soybean futures firmed as fears eased about U.S.-China trade tensions. GRA/

  • CBOT November soybean futures SX25 settled up 1 cent at $10.07-3/4 per bushel and December corn CZ25 ended down 2-1/4 cents at $4.10-3/4 a bushel.

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

ELEVATORS

CORN

SOYBEANS

CINCINNATI OH

+0

+

Z

UP 2

-10

+

X

UNC

BURNS HARBOR IN

UNQ

UNC

UNQ

UNC

DECATUR IN

UNQ

UNC

DES MOINES IA

UNQ

UNC

LINCOLN NE

-42

+

Z

UNC

PROCESSORS

CORN

SOYBEANS

DECATUR IL

-13

+

Z

UNC

+0

+

X

UNC

DECATUR IN

-20

+

X

UP 5

MORRISTOWN IN

-20

+

X

UP 5

LAFAYETTE IN

-15

+

X

UP 10

CEDAR RAPIDS IA

-24

+

Z

UNC

-40

+

X

UNC

COUNCIL BLUFFS IA

-60

+

X

UNC

LINCOLN NE

-75

+

X

UNC

BLAIR NE

-22

+

Z

UNC

RIVER TERMINALS

CORN

SOYBEANS

TOLEDO OH

-35

+

Z

UNC

-50

+

X

UNC

SENECA IL

-16

+

Z

DN 1

-30

+

X

DN 5

SAVANNA IL

-41

+

Z

UNC

-66

+

X

UNC

DAVENPORT IA

-25

+

Z

UNC

-42

+

X

DN 4

ETHANOL PLANTS

LINDEN IN

-35

+

Z

UNC

UNION CITY IN

-12

+

Z

UP 3

ANNAWAN IL

-25

+

Z

UNC

COUNCIL BLUFFS IA

-30

+

Z

UNC

SRW WHEAT

TOLEDO OH

-35

+

Z

UNC

CINCINNATI OH

UNQ

UNC

DECATUR IN

-45

Z

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 Julie Ingwersen; Editing by Shreya Biswas)

((Julie.ingwersen@thomsonreuters.com; 1-313-484-5283))

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