U.S. Cash Grains-Eastern bids for soy strong, western bids flat

Reuters

Peb 3, 2023 sa 6:43 PM GMT

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CHICAGO, Feb 3 (Reuters) -Spot basis bids for soybeans rose at processors and river terminals in the eastern half of the U.S. Midwest on Friday.

* The soy basis was unchanged at eastern elevators, and at processors, river terminals and elevators west of the Mississippi River.

* Cash bids for corn were unchanged around most of the region, but fell by 1 cent a bushel at an elevator in Council Bluffs, Iowa.

* Farmer sales of both commodities were slow, grain dealers said.

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

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

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LINKS: 0#USCSHGRN-AM

For U.S. forward basis spreadsheets, please click on:

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

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