Spot basis bids for corn and soybeans were mostly flat in the U.S. Midwest on Thursday ahead of the long holiday weekend.

  • Markets will be closed on July 3 ahead of the July 4th weekend.

  • Net U.S. corn export sales were 732,070 metric tons for 2025/26 in the week that ended on June 25, the USDA said. Analysts expected 500,000 to 1.1 million tons.

  • U.S. soybean export sales were a net 41,786 metric tons for 2025/26 in the week that ended on June 25, the U.S. Department of Agriculture said. Analysts expected 300,000 to 650,000 tons

  • CBOT December corn (CZ26) was last 3/4 cent lower to $4.41-1/2 per bushel.

  • CBOT November soybeans (SX26) were 1-1/2 cents lower to $11.47-3/4 per bushel.

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

Current

Previous

Bid

Bid

Chicago, Illinois

Corn processors

+6

+

U

+12

+

N

NC

Corn elevators

+22

+

U

+20

+

N

NC

Soybean elevators

-15

+

Q

-10

+

N

NC

Wheat elevators

-20

+

U

-15

+

N

NC

Wheat processors

-8

+

N

-10

+

N

UP 2

Decatur IL corn

+16

+

U

+16

+

U

UNC

Decatur IL soybeans

+30

+

Q

+30

+

Q

UNC

Burns Harbor IN corn

UNQ

UNQ

UNC

Burns Harbor IN soy

UNQ

UNQ

UNC

Lafayette IN soy

+20

+

Q

+20

+

Q

UNC

Toledo OH (port)

Corn

+15

+

U

+15

+

U

UNC

Soy

+10

+

Q

+10

+

Q

UNC

SRW wheat

-15

+

U

-15

+

U

UNC

Davenport IA (river)

Corn

-12

+

U

-12

+

U

UNC

Soy

-25

+

Q

-25

+

Q

UNC

Evansville IN (rail)

15-car CSX corn

+33

+

N

+33

+

N

UNC

Cincinnati OH (rail)

3-car corn

UNQ

UNQ

UNC

Hereford TX corn

+110

+

N

+110

+

N

UNC

Columbus OH (rail)

3-car corn

+40

+

N

+40

+

N

UNC

Morris IL (river)

Corn

+4

+

U

+0

+

U

UP 4

Soybeans

-10

+

Q

-10

+

Q

UNC

Fort Worth TX corn

+120

+

N

+120

+

N

UNC

Blair NE corn

-8

+

U

-8

+

U

UNC

Council Bluffs, IA (elevator)

Corn

-8

+

U

-8

+

U

UNC

Soy

-39

+

Q

-39

+

Q

UNC

Des Moines IA soy

+0

+

Q

+0

+

Q

UNC

Sioux City IA soy

+20

+

Q

+20

+

Q

UNC

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

- CBOT soybean report

- CBOT wheat report

- U.S. grain barge freight values

- U.S. Midwest cash grain AM

- U.S. CIF/FOB Gulf Grain