<div id="readability-page-1"><div>U.S. corn basis bids were steady to up at grain elevators and river terminals in the U.S. Midwest on Wednesday as futures rose. <ul><li>Corn bids rose 2 cents at a river terminal in Morris, Illinois, and 1 cent at a grain elevator in Council Bluffs, Iowa.</li><li>Soybean bids were flat in a spot check of elevators, processors, river and rail terminals.</li><li>Chicago Board of Trade soybean futures climbed on Wednesday as traders positioned ahead of the Christmas holiday on Thursday, and funds took a break from liquidating long positions. </li><li>Corn futures ticked up, supported by robust exports and a weaker dollar, which tends to make U.S. exports cheaper and more competitive for holders of other currencies. [COR/}</li></ul> Basis values are quoted against CBOT futures in cents/bu:<div><table><tbody><tr><td></td><td>Current</td><td></td><td></td><td>Previous</td><td></td><td></td><td></td></tr><tr><td></td><td>Bid</td><td></td><td></td><td>Bid</td><td></td><td></td><td></td></tr><tr><td>Chicago, Illinois</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Corn processors </td><td>-2</td><td>+</td><td>H</td><td>-2</td><td>+</td><td>H</td><td>UNC</td></tr><tr><td>Corn elevators</td><td>+5</td><td>+</td><td>H</td><td>+5</td><td>+</td><td>H</td><td>UNC</td></tr><tr><td>Soybean elevators</td><td>-10</td><td>+</td><td>F</td><td>-10</td><td>+</td><td>F</td><td>UNC</td></tr><tr><td>Wheat elevators</td><td>-15</td><td>+</td><td>H</td><td>-15</td><td>+</td><td>H</td><td>UNC</td></tr><tr><td>Wheat processors</td><td>-18</td><td>+</td><td>H</td><td>-18</td><td>+</td><td>H</td><td>UNC</td></tr><tr><td>Decatur IL corn</td><td>+0</td><td>+</td><td>H</td><td>+0</td><td>+</td><td>H</td><td>UNC</td></tr><tr><td>Decatur IL soybeans</td><td>+12</td><td>+</td><td>F</td><td>+12</td><td>+</td><td>F</td><td>UNC</td></tr><tr><td>Burns Harbor IN corn</td><td>UNQ</td><td></td><td></td><td>UNQ</td><td></td><td></td><td>UNC</td></tr><tr><td>Burns Harbor IN soy</td><td>UNQ</td><td></td><td></td><td>UNQ</td><td></td><td></td><td>UNC</td></tr><tr><td>Lafayette IN soy</td><td>+5</td><td>+</td><td>F</td><td>+5</td><td>+</td><td>F</td><td>UNC</td></tr><tr><td>Toledo OH (port)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Corn</td><td>-5</td><td>+</td><td>H</td><td>-5</td><td>+</td><td>H</td><td>UNC</td></tr><tr><td>Soy</td><td>-15</td><td>+</td><td>F</td><td>-15</td><td>+</td><td>F</td><td>UNC</td></tr><tr><td>SRW wheat</td><td>-5</td><td>+</td><td>H</td><td>-5</td><td>+</td><td>H</td><td>UNC</td></tr><tr><td>Davenport IA (river)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Corn</td><td>-10</td><td>+</td><td>H</td><td>-10</td><td>+</td><td>H</td><td>UNC</td></tr><tr><td>Soy</td><td>-20</td><td>+</td><td>H</td><td>-20</td><td>+</td><td>H</td><td>UNC</td></tr><tr><td>Evansville IN (rail)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>15-car CSX corn</td><td>+17</td><td>+</td><td>H</td><td>+17</td><td>+</td><td>H</td><td>UNC</td></tr><tr><td>Cincinnati OH (rail)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>3-car corn</td><td>UNQ</td><td></td><td></td><td>UNQ</td><td></td><td></td><td>UNC</td></tr><tr><td>Hereford TX corn</td><td>+95</td><td>+</td><td>H</td><td>+95</td><td>+</td><td>H</td><td>UNC</td></tr><tr><td>Columbus OH (rail)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>3-car corn</td><td>+23</td><td>+</td><td>H</td><td>+23</td><td>+</td><td>H</td><td>UNC</td></tr><tr><td>Morris IL (river)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Corn</td><td>-8</td><td>+</td><td>H</td><td>-10</td><td>+</td><td>H</td><td>UP 2</td></tr><tr><td>Soybeans</td><td>-2</td><td>+</td><td>F</td><td>-2</td><td>+</td><td>F</td><td>UNC</td></tr><tr><td>Fort Worth TX corn</td><td>+95</td><td>+</td><td>H</td><td>+95</td><td>+</td><td>H</td><td>UNC</td></tr><tr><td>Blair NE corn</td><td>-12</td><td>+</td><td>H</td><td>-12</td><td>+</td><td>H</td><td>UNC</td></tr><tr><td>Council Bluffs, IA (elevator)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Corn</td><td>-17</td><td>+</td><td>H</td><td>-18</td><td>+</td><td>H</td><td>UP 1</td></tr><tr><td>Soy</td><td>-55</td><td>+</td><td>F</td><td>-55</td><td>+</td><td>F</td><td>UNC</td></tr><tr><td>Des Moines IA soy</td><td>-25</td><td>+</td><td>F</td><td>-25</td><td>+</td><td>F</td><td>UNC</td></tr><tr><td>Sioux City IA soy</td><td>-55</td><td>+</td><td>F</td><td>-55</td><td>+</td><td>F</td><td>UNC</td></tr></tbody></table></div>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--------------------------------------------------------- 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 </div></div>

CORN

U.S. corn basis bids were steady to higher at Midwest grain elevators and river terminals as futures rose, with increases noted in Morris, Illinois, and Council Bluffs, Iowa. Soybean bids remained flat. Corn futures gained due to strong exports and a weaker dollar, while soybean futures rose as traders adjusted positions before the Christmas holiday.

Corn basis bids flat to higher