Soybean bids mixed in East; flat in West

9 בדצמ׳ 202215:56 UTC

Spot basis bids for soybeans were mixed in the eastern U.S. Midwest on Friday morning, steady to firm at elevators and steady to weak at processors.

* West of the Mississippi River, the soy basis was unchanged at elevators and processors.

* Cash bids for corn held steady at interior elevators, processors and ethanol plants.

* But corn bids were steady to weak at river terminals, falling by 8 cents a bushel at a facility in Toledo, Ohio.

* Country movement of both commodities was slow.

* Grain dealers said that farmers were waiting to see if prices rally following the release of a key U.S. Agriculture Department report before making decisions about their next round of sales.

* USDA will publish its monthly World Agricultural Supply and Demand Estimates report at 11 a.m. CST (1700 GMT).

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

ELEVATORS
	CORN				SOYBEANS
CINCINNATI OH	-8	+	H	UNC	+12	+	F	UP 2
BURNS HARBOR IN	-65	+	H	UNC	-65	+	F	UNC
DECATUR IN	UNQ			UNC
DES MOINES IA					UNQ			UNC
LINCOLN NE	+35	+	H	UNC
PROCESSORS
	CORN				SOYBEANS
DECATUR IL	+27	+	H	UNC	+25	+	F	UNC
DECATUR IN					+7	+	F	UNC
MORRISTOWN IN					+15	+	F	UNC
LAFAYETTE IN					+10	+	F	DN 5
CEDAR RAPIDS IA	-12	+	H	UNC	-30	+	F	UNC
COUNCIL BLUFFS IA					+55	+	F	UNC
LINCOLN NE					+55	+	F	UNC
BLAIR NE	+55	+	H	UNC
RIVER TERMINALS
	CORN				SOYBEANS
TOLEDO OH	-30	+	H	DN 8	-20	+	F	UNC
SENECA IL	-15	+	H	UNC	+2	+	F	UNC
SAVANNA IL	-28	+	H	UNC	-36	+	F	UNC
DAVENPORT IA	-10	+	K	NC	-5	+	K	NC
ETHANOL PLANTS
LINDEN IN	+10	+	H	UNC
UNION CITY IN	+14	+	H	UNC
ANNAWAN IL	-4	+	H	UNC
COUNCIL BLUFFS IA	+48	+	H	UNC
SRW WHEAT
TOLEDO OH	-45	+	H	UNC
CINCINNATI OH	UNQ			UNC
DECATUR IN	-40	+	H	UNC
BURNS HARBOR IN	UNQ			UNC