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U.S. Cash Grains-Corn bids up at elevators, processors, rivers

reuters.com · 06/09/2022 10:26
U.S. Cash Grains-Corn bids up at elevators, processors, rivers

- Spot basis bids for corn gained on Thursday at elevators, processors and river terminals, grain dealers said.

* Corn basis firmed at elevators in Burns Harbor, Indiana, and Lincoln, Nebraska, processors in Cedar Rapids, Iowa, and Blair, Nebraska, and river terminals in Toledo, Ohio, and Seneca, Illinois.

* Corn bids were mostly steady at ethanol plants, though one Council Bluffs, Iowa, plant strengthened.

* Soybean bids fell at an elevator in Cincinnati, Ohio, as well as river terminals in Seneca, Illinois, and Davenport, Iowa.

* Soy basis firmed at a Decatur, Indiana, processor.

* Dealers continued to roll their soybean bids to the Chicago Board of Trade August futures contract SQ2 from the July contract SN2.


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

ELEVATORS










CORN




SOYBEANS


CINCINNATI OH

+23

+

N

UNC


+52

+

N

DN 1

BURNS HARBOR IN

-10

+

N

UP 5


+85

+

Q

NC

DECATUR IN

UNQ









DES MOINES IA




UNQ



UNC

LINCOLN NE

+25

+

N

UP 5
















PROCESSORS











CORN





SOYBEANS


DECATUR IL

+65

+

N

UNC


+70

+

N

UNC

DECATUR IN






+115

+

Q

UP 10

MORRISTOWN IN





+125

+

Q

UNC

LAFAYETTE IN






+135

+

Q

NC

CEDAR RAPIDS IA

+27

+

N

UP 2


+25

+

Q

UNC

COUNCIL BLUFFS IA






+50

+

Q

UNC

LINCOLN NE






+5

+

N

NC

BLAIR NE

+40

+

N

UP 5
















RIVER TERMINALS











CORN





SOYBEANS


TOLEDO OH

-15

+

N

UP 10


+88

+

Q

NC

SENECA IL

+22

+

N

UP 1

+48

+

N

DN 2

SAVANNA IL

+1

+

N

UNC


+9

+

N

UNC

DAVENPORT IA

+15

+

N

UNC


+38

+

N

DN 5











ETHANOL PLANTS










LINDEN IN

+40

+

N

UNC






UNION CITY IN

+55

+

U

UNC






ANNAWAN IL

+40

+

N

UNC






COUNCIL BLUFFS IA

+35

+

N

UP 1
















SRW WHEAT










TOLEDO OH

-20

+

N

UNC






CINCINNATI OH

-38

+

N

UNC






DECATUR IN

-40

+

N

UNC






BURNS HARBOR IN

-65

+

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-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 AM GRA/M

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


(Reporting by Christopher Walljasper; Editing by Mark Porter)

((Christopher.Walljasper@thomsonreuters.com; 1 630 269 3072; Reuters Messaging: christopher.walljasper.thomsonreuters.com@reuters.net))