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
Crop progress and corn basis
Ahead of the USDA's weekly crop progress report due later on Monday, analysts polled by Reuters expected the agency to show the US soybean harvest as 12% complete and the corn harvest as 13% complete.
Corn basis bids were mostly steady. Among the exceptions on Monday, the basis improved by 5 cents a bushel at an ethanol plant in Linden, Indiana, while the basis fell by 3 cents at Davenport, Iowa, on the Mississippi River.
Soybean basis mixed as harvest slows
CHICAGO, Sept. 21 (Reuters) - Spot basis bids for soybeans were steady to mixed in the US Midwest on Monday as weekend rains slowed harvest progress in the northern half of the crop belt, spot checks showed.
The spot basis for soybeans at a crushing facility in Lincoln, Nebraska, jumped by 35 cents to 85 cents a bushel over Chicago Board of Trade November SX26 soybean futures, reflecting strong demand for soybeans delivered into the region's processing plants this week.
Bids were significantly lower for soybean delivery to Lincoln next week and through October.
In contrast, the soybean basis fell by 30 cents a bushel at a crusher in Decatur, Indiana. While still in the early stages, the Indiana soybean harvest was 3% complete as of Sept. 13, ahead of the five-year average of 2%, according to the US Department of Agriculture.
Grains firm ahead of Trump-Xi meeting
CBOT November soybeans SX26 were up 23-1/2 cents at midday on Monday at $13.27 a bushel while December corn CZ26 was up 15 cents at $5.42-1/2 a bushel. Grains firmed as traders await this week's meeting between US President Donald Trump and Chinese President Xi Jinping, which could generate more Chinese buying of US supplies.
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