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
Reference links and reporting details
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 PM GRA/PM
U.S. CIF/FOB Gulf Grain GRA/F
Reporting by Tom Polansek; Editing by Will Dunham
Spot basis bids mostly unchanged to lower
CHICAGO, July 30 (Reuters) - Spot basis bids for corn and soybeans were mostly unchanged to lower at Midwestern grain elevators and processors, spot checks showed on Thursday, after farmers recently increased crop sales.
Grain merchant Archer-Daniels-Midland ADM.N said it will invest in upgrades at four U.S. oilseed crushing facilities to expand North American processing capacity, as strong demand for renewable fuels drives growth in vegetable oil markets.
Farmers and traders were expecting rain to benefit U.S. crops as soybean pod filling is set to ramp up in August.
Rains will expand through the weekend and knock back expanding dry spots in the Midwest, Commodity Weather Group said in a forecast.
Last week, hot and dry weather stressed crops, leading to lower-than-expected condition ratings in a U.S. Department of Agriculture report issued on Monday.
Corn and soybean futures were slightly lower on the Chicago Board of Trade by 11:20 a.m. CDT (1620 GMT).
Elevator, processor and river terminal basis values
Basis values are quoted against CBOT futures in cts/bu: