June 9 (Reuters) – Spot basis bids for corn were mixed at processors and ethanol plants, but held steady at elevators around the U.S. Midwest on Monday as farmers were slow to sell crops, dealers said.

* Weaker U.S. corn futures values kept a lid on corn sales in the cash market, grain merchants said. Front-month July corn futures fell more than 2 percent on Monday.

* Corn bids were narrowly mixed at river terminals and ethanol plants as slowed farmer sales were offset by limited demand and plentiful supplies.

* Soybean basis bids held mostly steady in quiet trade. U.S. soybean futures traded higher but farmers waited before selling crops, dealers said.

* Crops were still being assessed in western portions of Iowa after a strong hail and wind storm caused damage last week, a dealer in Council Bluffs, Iowa said.

* Soft red winter wheat bids held steady and farmer sales were quiet while harvest is still a couple weeks away, dealers said.

Basis values are quoted against CBOT futures in cts/bu:
                      CORN                   SOYBEANS          
 CINCINNATI OH           +2  +  N  UNC          +95  +  Q  UNC
 BURNS HARBOR IN        -12  +  N  UNC          +15  +  N  UNC
 DECATUR IN             -15  +  N  UNC                         
 DES MOINES IA                                  UNQ        UNC
 LINCOLN NE             -13  +  N  UNC                     
                                                               
 PROCESSORS                                                    
                      CORN                   SOYBEANS          
 DECATUR IL             +18  +  N  UNC          +95  +  Q  UNC
 DECATUR IN                                    +115  +  Q  UNC
 MORRISTOWN IN                                 +115  +  Q  UNC
 LAFAYETTE IN                                  +115  +  Q  UNC
 CEDAR RAPIDS IA        +23  +  N  DN 2         +70  +  Q  DN 5
 COUNCIL BLUFFS IA                              +62  +  Q  UNC
 LINCOLN NE                                     +62  +  Q  UNC
 BLAIR NE                +0  +  N  UP 1                        
                                                               
 RIVER TERMINALS                                               
                      CORN                   SOYBEANS          
 TOLEDO OH              -13  +  N  UNC          +85  +  Q  UNC
 SENECA IL               -1  +  N  UNC          +15  +  N  UNC
 SAVANNA IL              -1  +  N  UNC           -5  +  N  UP 2
 DAVENPORT IA            +5  +  N  UNC           -1  +  N  UNC
                                                               
 ETHANOL PLANTS                                                
	

		

			
ADVERTISEMENT
			
				
	

	

			
	
	
 LINDEN IN               +0  +  N  UNC                         
 UNION CITY IN           +9  +  N  DN 1                        
 ANNAWAN IL              +6  +  N  DN 2                        
 COUNCIL BLUFFS IA       +0  +  N  UNC                         
                                                               
 SRW WHEAT                                                     
 TOLEDO OH               +0  +  N  UNC                         
 CINCINNATI OH          -10  +  N  UP 5                        
 DECATUR IN             -15  +  N  UNC                         
 BURNS HARBOR IN        -20  +  N  UNC                         
 
    
 NOTES: 0 = Option price, UNC = Unchanged, UNQ = Unquoted,
 NC = Not comparable, DP = Delayed Price, N = July, Q = August  
---------------------------------------------------------------
LINKS: 
For U.S. forward basis spreadsheets, please double-click on:
    
 
- CBOT corn report                          
- CBOT soybean report                      
- CBOT wheat report                        
- U.S. grain barge freight values          
- U.S. Midwest cash grain PM              
- U.S. CIF Gulf Grain                      
- U.S. FOB Gulf Grain                      

 (Reporting by Meredith Davis in Chicago; Editing by Meredith
Mazzilli)