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U.S. Cash Grains-Processor, river bids for soybeans strong in East

Reuters · 11/15/2022 10:44
U.S. Cash Grains-Processor, river bids for soybeans strong in East

- Spot basis bids for soybeans were rose at processors and river terminals in the eastern half of the U.S. Midwest on Tuesday morning, dealers said.

* The soybean basis was flat west of the Mississippi River and at elevators around the interior of the region.

* Strong export demand for soybeans and strong domestic soymeal demand underpinned the soy basis.

* Corn bids were steady to firm at processors and elevators around the interior, mixed at river terminals and steady to weak at ethanol plants.


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

ELEVATORS










CORN




SOYBEANS


CINCINNATI OH

-15

+

Z

UP 2


+0

+

F

UNC

BURNS HARBOR IN

-35

+

Z

UNC


-30

+

F

UNC

DECATUR IN

UNQ



UNC






DES MOINES IA




UNQ



UNC

LINCOLN NE

+40

+

Z

UNC
















PROCESSORS











CORN





SOYBEANS


DECATUR IL

+10

+

Z

UNC


+20

+

F

UNC

DECATUR IN






+0

+

F

UNC

MORRISTOWN IN





+15

+

F

UP 15

LAFAYETTE IN






+10

+

F

UNC

CEDAR RAPIDS IA

-15

+

Z

UP 20


-20

+

F

UNC

COUNCIL BLUFFS IA






+55

+

F

UNC

LINCOLN NE






+55

+

F

UNC

BLAIR NE

+80

+

Z

UNC
















RIVER TERMINALS











CORN





SOYBEANS


TOLEDO OH

-40

+

Z

UNC


-20

+

F

UNC

SENECA IL

-40

+

Z

DN 5

+3

+

F

UP 8

SAVANNA IL

-39

+

Z

UNC


-61

+

F

UNC

DAVENPORT IA

-30

+

Z

UP 5


-20

+

F

UP 5











ETHANOL PLANTS










LINDEN IN

-15

+

Z

UNC






UNION CITY IN

+5

+

Z

UP 5






ANNAWAN IL

-20

+

Z

DN 11






COUNCIL BLUFFS IA

+50

+

Z

UNC
















SRW WHEAT










TOLEDO OH

-30

+

Z

UNC






CINCINNATI OH

UNQ



UNC






DECATUR IN

-30

+

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 = 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 Mark Weinraub)

((mark.weinraub@thomsonreuters.com; +1 313 484 5282; Reuters Messaging: mark.weinraub.thomsonreuters.com@reuters.))