U.S. Cash Grains-Corn bids firm at ethanol plant; river soy rises

Nov 25 (Reuters) - Corn cash basis bids were firm at U.S.
Midwest ethanol plants, while soybean bids climbed at river
terminals early on Monday, with light country offerings and good
demand supporting both grains, dealers said.
    * Some farmers sold soybeans late last week after cash
prices climbed above $13 per bushel. But sales of both crops
overall are slow with the harvest roughly complete.
    * Corn bids gained as much as 4 cents per bushel at a
closely monitored processor and ethanol plant in Cedar Rapids,
Iowa, while soybean bids rose 2 cents along the Mississippi
	
River and rose 3 cents at a processor in Council Bluffs, Iowa. * A downturn in barge freight costs on Midwest waterways also supported bids for soybeans along the river. * Soybean futures edged lower and corn futures were narrowly higher in early activity at the Chicago Board of Trade, with the moves failing to spur any significant selling from farmers or commercial elevators, the dealers said. Basis values are quoted against CBOT futures in cts/bu: CORN SOYBEANS CINCINNATI OH -5 + Z UNC -10 + F UNC BURNS HARBOR IN -24 + Z UNC -20 + F UNC DECATUR IN -20 + Z UNC DES MOINES IA -30 + F UNC LINCOLN NE -8 + Z UNC PROCESSORS CORN SOYBEANS DECATUR IL +15 + Z UNC +15 + F UNC DECATUR IN +3 + F UNC MORRISTOWN IN +0 + F UNC LAFAYETTE IN +0 + F DN 7 CEDAR RAPIDS IA +24 + Z UP 4 -7 + F UNC COUNCIL BLUFFS IA -5 + F UP 3 LINCOLN NE -5 + F UNC BLAIR NE +0 + Z UNC RIVER TERMINALS CORN SOYBEANS TOLEDO OH -20 + Z UNC +5 + F UNC SENECA IL -4 + Z UNC +7 + F UNC SAVANNA IL +0 + Z UNC -4 + F UP 2 DAVENPORT IA +0 + Z DN 1 +0 + F UP 2 ETHANOL PLANTS LINDEN IN -5 + Z UNC UNION CITY IN -12 + Z UP 3
ANNAWAN IL +4 + Z UNC COUNCIL BLUFFS IA -7 + Z UP 3 SRW WHEAT TOLEDO OH -30 + Z UNC CINCINNATI OH -30 + Z UNC DECATUR IN -10 + Z UNC BURNS HARBOR IN -35 + Z UNC NOTES: 0 = Option price, UNC = Unchanged, UNQ = Unquoted, NC = Not comparable, DP = Delayed Price, Z = December, F = January, H = March --------------------------------------------------------------- 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 Michael Hirtzer in Chicago; Editing by Lisa Von Ahn)

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