Dec 19 (Reuters) - Corn cash basis bids were mostly steady
to higher at U.S. Midwest elevators and rail terminals on
Thursday, lifted by the ongoing slow pace of fresh sales by
farmers, dealers said.
    * With Chicago Board of Trade corn futures moving in a
narrow range for more than a month, many growers are delaying
sales in the hopes of higher prices during the new tax year of
2014.
    * Farmer sales of soybeans were also very light but some
processors and elevators reduced bids due to a slightly slower
pace of soymeal purchases.
	

		

			
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    * The cash market overall was seasonally quiet, with many
grain merchants focused only on the logistics of taking in
existing contracts and fulfilling their own orders to ship grain
or the products they process.
    * Barge freight costs were steady on Midwest rivers.
    * U.S. exporters continue to load corn shipments to China
despite uncertainty over whether cargoes could be rejected
because of an unapproved genetically modified strain, although
volumes have declined recently, government data showed.
 
    
    Basis values are quoted against CBOT futures in cts/bu:
                      Current               Previous      
                      Bid                Bid              
 Chicago                                                  
 Corn processors        -3   +  H          +0   +  H      DN 3
 Corn elevators         -5   +  H          -5   +  H      UNC
 Soybean elevators      +5   +  F          +5   +  F      UNC
 Wheat elevators        -5   +  H          -5   +  H      UNC
 Wheat processors       +0   +  H         -10   +  H      UP 10
 Decatur, IL corn       +0   +  H          +0   +  H      UNC
 Decatur, IL           +15   +  F         +15   +  F      UNC
 soybeans                                                 
 Burns Harbor, IN      -20   +  H         -25   +  H      UP 5
 corn                                                     
 soy                   -20   +  F         -20   +  F      UNC
 Lafayette, IN soy      +5   +  F          +5   +  F      UNC
 Toledo, OH (port)                                        
 Corn                  -14   +  H         -14   +  H      UNC
 Soy                    +0   +  F          +0   +  F      UNC
 SRW wheat             -10   +  H         -10   +  H      UNC
 Davenport, IA                                            
 (river)                                                  
 Corn                   -4   +  H          -4   +  H      UNC
 Soy                    -8   +  H         -11   +  H      UP 3
 Evansville, IN                                           
 (rail)                                                   
 15-car CSX corn        +9   +  H          +0   +  H      UP 9
 Cincinnati (rail)                                        
	

		

			
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 3-car corn             -2   +  H          -3   +  H      UP 1
 Hereford TX corn      +97   +  H         +94   +  H      UP 3
 Columbus OH (rail)                                       
 3-car corn             -2   +  H          -3   +  H      UP 1
 Morris, IL (river)                                       
 Corn                  -17   +  H         -17   +  H      UNC
 Soybeans               +6   +  F          +8   +  F      DN 2
 Fort Worth, TX corn  +100   +  H        +120   +  H      DN 20
 Blair, NE corn         +2   +  H          +2   +  H      UNC
 Council Bluffs, IA (elevator)                            
 Corn                  -10   +  H         -10   +  H      UNC
 Soy                   -35   +  F         -33   +  F      DN 2
 Des Moines, IA soy    UNQ                UNQ             UNC
 Sioux City, IA soy    -33   +  F         -33   +  F      UNC
 NOTE: 0 = option price, UNC = Unchanged, UNQ = Unquoted,
 NC = Not comparable, DP = Delayed Price, F = January,
 H = March
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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)