CHICAGO, June 4 (Reuters) - Spot soybean bids were steady to stronger while corn bids were mixed in the U.S. Midwest on Wednesday as farmers remained reluctant to book sales amid relatively low prices, dealers said.
Soybean bids ticked up at an Ohio elevator and an Iowa river terminal.
Corn bids rose at an Indiana ethanol plant and a Nebraska processor. Bids fell at river terminals in Illinois and Iowa.
Favorable conditions for U.S. crops remained a curb on prices, which hit a six-month low for corn on Tuesday and a seven-week low for soybeans on Monday.
Corn planting is nearly completed while soy seeding is drawing to a close.
Soybean futures Sv1 were last up 9 cents to $10.49-3/4 per bushel. Corn futures Cv1 were up 8-1/4 cents to $10.42-1/2 per bushel
Basis values are quoted against CBOT futures in cts/bu:
ELEVATORS | |||||||||
CORN | SOYBEANS | ||||||||
CINCINNATI OH | +10 | + | N | UNC | +10 | + | N | UP 3 | |
BURNS HARBOR IN | UNQ | UNC | UNQ | UNC | |||||
DECATUR IN | UNQ | UNC | |||||||
DES MOINES IA | UNQ | UNC | |||||||
LINCOLN NE | -25 | + | N | UNC | |||||
PROCESSORS | |||||||||
CORN | SOYBEANS | ||||||||
DECATUR IL | +5 | + | N | UNC | +20 | + | N | UNC | |
DECATUR IN | +35 | + | N | UNC | |||||
MORRISTOWN IN | +35 | + | N | UNC | |||||
LAFAYETTE IN | +30 | + | N | UNC | |||||
CEDAR RAPIDS IA | -1 | + | N | UNC | -15 | + | N | UNC | |
COUNCIL BLUFFS IA | -10 | + | N | UNC | |||||
LINCOLN NE | -10 | + | N | UNC | |||||
BLAIR NE | +5 | + | N | UP 3 | |||||
RIVER TERMINALS | |||||||||
CORN | SOYBEANS | ||||||||
TOLEDO OH | +10 | + | N | UNC | +15 | + | N | UNC | |
SENECA IL | -1 | + | N | DN 1 | -5 | + | N | UNC | |
SAVANNA IL | -18 | + | N | UNC | -36 | + | N | UNC | |
DAVENPORT IA | -9 | + | N | DN 2 | -13 | + | N | UP 2 | |
ETHANOL PLANTS | |||||||||
LINDEN IN | +20 | + | N | UP 5 | |||||
UNION CITY IN | +34 | + | N | UNC | |||||
ANNAWAN IL | -8 | + | N | UNC | |||||
COUNCIL BLUFFS IA | +0 | + | N | UNC | |||||
SRW WHEAT | |||||||||
TOLEDO OH | -25 | + | N | UNC | |||||
CINCINNATI OH | UNQ | UNC | |||||||
DECATUR IN | -50 | + | 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 Heather SchlitzEditing by Marguerita Choy)
((Heather.Schlitz@thomsonreuters.com;))
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