KCG FUTURES – DAILY MARKET SHEET WITH BARGE FREIGHT AND CIF NOLA GRAIN BASIS – WEDNESDAY 8.28.13

 

COMMODITY CIF BASIS DELIVERED BY BARGE TO NEW ORLEANS

 

   

August

F Sept

 L Sept

October

November

December

JFM

AM

Corn  

120 / 175 U

80 / 90 U

68 / 72 U

65 / 71 Z

63 / 68 Z

59 / 64 Z

54 / 58 Z

53 / 57 K

Soybeans  

135 / 140 X

130 / 135 X

115 / 116 X

91 / 95 X

94 / 95 X

90 / 91 F

SRW  

45 / 55 U

52 / 65 U

52 / 65 U

75 / 85 Z

75 / 85 Z

75 / 85 Z

70 / 85 H

BARGE FREIGHT RATES BY REGION

 

 

This Week

Next Week

September

October

November

December

Jan

AM

Illinois River

400 %

475 %

500 %

600 %

525 %

450 %

 

Mid-Mississippi

400 %

475 %

500 %

600 %

525 %

NA

 

 

Twin Cities

375 %

450 %

540 %

620 %

600 %

NA

 

 

St. Louis

350 %

400 %

480 %

575 %

450 %

350 %

 

 

Cairo to Memphis

325 %

400 %

450 %

520 %

400 %

325 %

 

 

Lower Ohio River

400 %

475 %

525 %

625 %

525 %

425 %

 

 

VALUE OF A LOADED BARGE IN CHICAGO  (Bid side of CIF basis minus freight cost)

 

 

August

FH September

LH September

October

Corn

+53 CU  (+72 CZ)

+0 CU  (+19 CZ)

-16 CU  (-3 CZ)

-36 CZ

Soybeans

 (+9 U)  +63 SX

 (-10 U)  +44 SX

(-31 SU)  +25 SX

-17 SX

Wheat

-27 WU (-40 WZ)

-34 WU (-47 WZ)

-38 WU (-51 WZ)

-33 WZ

SPOT BARGE FREIGHT NOT WELL DEFINED AS HARVEST PICKS UP IN THE SOUTH.  – Helen

    

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