The US Cash Grains-Soy base is softening in the East; mixed corn


CHICAGO, Jan. 5 (Reuters)Spot offers for soybeans were generally more flexible Thursday in processors and elevators in the eastern US Midwest.

* Farmers were hesitant to sell old-crop soybeans, an Indiana broker noted, as they watch futures prices for another $15.00 a bushel.

* Bids for soybeans fell at processors in Decatur, Indiana and Morristown, Indiana, as well as at a silo in Cincinnati, Ohio. The soybean base firmed in Davenport, Iowa.

* Corn firmed up in a processor in Blair, Nebraska, and a river terminal in Davenport, Iowa, while relaxing in a silo in Cincinnati, Ohio.

Base values ​​are quoted against CBOT futures contracts in cts/bu:

ELEVATORS

CORN

SOY

CINCINNATI OH

+0

+

H

DN 2

+15

+

F

DN 5

BURNS HARBOR IN

-65

+

H

A C

-65

+

F

A C

DECATUR IN

UNQ

A C

AI DES MOINES

UNQ

A C

LINCOLN NE

+35

+

H

A C

PROCESSORS

CORN

SOY

DECATUR IT

+22

+

H

A C

+10

+

H

A C

DECATUR IN

+2

+

H

DN 3

MORRISTOWN IN

+0

+

H

DN 5

LAFAYETTE IN

-ten

+

H

A C

AI CEDAR RAPIDS

+0

+

H

A C

-35

+

H

A C

AI COUNCIL BLUFFS

+30

+

H

A C

LINCOLN NE

+40

+

H

A C

BLAIR NE

+50

+

H

UP 5

RIVER TERMINALS

CORN

SOY

TOLEDO OH

-25

+

H

A C

-20

+

H

A C

SENECA IT

-15

+

H

A C

+0

+

H

A C

SAVANNAH IT

-21

+

H

A C

-41

+

H

A C

DAVENPORT AI

+0

+

K

UP 5

-5

+

K

UP 5

ETHANOL PLANTS

LINDEN IN

+0

+

H

A C

UNION CITY IN

+10

+

H

A C

ANNAWAN IT

+2

+

H

A C

AI COUNCIL BLUFFS

+45

+

H

A C

SRW WHEAT

TOLEDO OH

-40

+

H

A C

CINCINNATI OH

UNQ

A C

DECATUR IN

-25

+

NOT

A C

BURNS HARBOR IN

UNQ

A C

NOTE: 0 = option price, UN = Unchanged, UN = Not quoted

NC = Not comparable, DPI = Deferred price, N/A = Not available,

F=January, H=March, K=May, N=July Q=August, U=September, X=November, Z=December

————————————————– ——

CONNECTIONS: 0#USCSHGRN-PM

For US futures spreadsheets, please click:

CORN/BASE, SOY/BASE, WHEAT/BASE, MILO/BASE

– CBOT corn report ROPE/

– CBOT Soy Report SOY/C

– CBOT wheat report HEW/C

– US Grain Barge Freight Values BUGS

– American Midwest AM Cash Cereals GRAM/

– US CIF / FOB Gulf Grain JAR/F

(Reporting by Christopher Walljasper in Chicago; Editing by Andrea Ricci)

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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