US Cash Grains-Corn bids mostly flat, futures fall

Reuters
06/10
US Cash Grains-Corn bids mostly flat, futures fall

CHICAGO, June 9 (Reuters) - Spot basis bids for U.S. corn were mostly steady to higher at grain elevators, processing plants and river terminals in the U.S. Midwest on Monday, a spot check showed, as futures sagged.

  • The corn basis rose by 2 cents at a river terminal in Davenport, Iowa.

  • Every other location in a spot check was unchanged for both corn and soybean basis bids.

  • A mild, showery weather pattern is forecast in the U.S. Midwest in the coming days, according to Commodity Weather Group.

  • The U.S. Department of Agriculture's weekly crop progress report said 71% of the country's corn crop was in good to excellent condition as of Sunday, up from 69% the week prior and slightly above the average estimate in a Reuters survey of analysts.

  • Benign weather has provided ideal conditions for crop development in the region.

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

Bid

Bid

Chicago, Illinois

Corn processors

+12

+

N

+12

+

N

UNC

Corn elevators

+20

+

N

+20

+

N

UNC

Soybean elevators

+0

+

N

+0

+

N

UNC

Wheat elevators

+0

+

N

+0

+

N

UNC

Wheat processors

-20

+

N

-20

+

N

UNC

Decatur IL corn

+5

+

N

+5

+

N

UNC

Decatur IL soybeans

+22

+

N

+22

+

N

UNC

Burns Harbor IN corn

UNQ

UNQ

UNC

Burns Harbor IN soy

UNQ

UNQ

UNC

Lafayette IN soy

+25

+

N

+25

+

N

UNC

Toledo OH (port)

Corn

+15

+

N

+15

+

N

UNC

Soy

+10

+

N

+10

+

N

UNC

SRW wheat

-35

+

N

-35

+

N

UNC

Davenport IA (river)

Corn

-7

+

N

-9

+

N

UP 2

Soy

-13

+

N

-13

+

N

UNC

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

+0

+

N

+0

+

N

UNC

Soybeans

+0

+

N

+0

+

N

UNC

Fort Worth TX corn

+120

+

N

+120

+

N

UNC

Blair NE corn

+5

+

N

+5

+

N

UNC

Council Bluffs, IA (elevator)

Corn

+0

+

N

+0

+

N

UNC

Soy

-25

+

N

-25

+

N

UNC

Des Moines IA soy

-10

+

N

-10

+

N

UNC

Sioux City IA soy

-10

+

N

-10

+

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 Renee Hickman in Chicago; Editing by David Gregorio)

((renee.hickman@thomsonreuters.com))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10