Nov 13 (Reuters) - Corn cash basis bids were steady to
higher around the U.S. Midwest early on Wednesday, while soybean
bids rose at processing plants in Illinois and Nebraska as the
harvest of each crop neared completion and farmers sold only
small amounts, dealers said.
    * U.S. Agriculture Department data late on Tuesday showed
the corn harvest at 84 percent complete and the soybean harvest
91 percent done, with each roughly in line with the five-year
average pace. 
    * Growers increased sales of corn during the last several
days as futures rose sharply. Sales of soybeans also increased
	

		

			
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but to a lesser extent than those of corn, the dealers said.
    * Many producers were using on-farm storage or
delayed-pricing at commercial grain handlers in the hopes of
selling later at higher prices. Meanwhile, good margins and
strong demand supported basis bids despite seasonally large
stockpiles of the commodities.
    * Corn bids were higher at a large Iowa processor, along
Midwest rivers and at an ethanol plant in western Illinois.
    * Soy bids jumped to the highest level in more than a month
at a closely watched processor in Decatur, Illinois. 
    * But the soy basis weakened at processors in Iowa, while
bids were mixed along Midwest rivers as a spike in barge freight
weighed on demand at some terminals along the waterways.
     
    Basis values are quoted against CBOT futures in cts/bu:
                    CORN                   SOYBEANS            
 CINCINNATI OH       -15   +  Z  UNC         +0    +  F   UNC
 BURNS HARBOR IN     -27   +  Z  UNC         -6    +  F   UNC
 DECATUR IN          -25   +  Z  UNC                           
 DES MOINES IA                              -15    +  F   DN 10
 LINCOLN NE           -8   +  Z  DN 3                     
                                                               
 PROCESSORS                                                    
                    CORN                   SOYBEANS            
 DECATUR IL          +10   +  Z  UNC        +20    +  F   UP 5
 DECATUR IN                                  +3    +  F   UNC
 MORRISTOWN IN                               +5    +  F   UNC
 LAFAYETTE IN                                +7    +  F   UNC
 CEDAR RAPIDS        +23   +  Z  UP 5        -5    +  F   DN 8
 COUNCIL BLUFFS                              -5    +  F   UNC
	

		

			
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 LINCOLN NE                                  +0    +  F   UP 10
 BLAIR NE             +5   +  Z  UNC                           
                                                               
 RIVER TERMINALS                                               
                    CORN                   SOYBEANS            
 TOLEDO OH           -24   +  Z  UNC        +20    +  F   DN 4
 SENECA IL           -22   +  Z  UP 3        +5    +  F   UP 8
 SAVANNA IL           -9   +  Z  UP 2        +2    +  F   DN 3
 DAVENPORT IA         -6   +  Z  UNC         +0    +  F   DN 7
                                                               
 ETHANOL PLANTS                                                
 LINDEN IN           -15   +  Z  UNC                           
 UNION CITY IN       -15   +  Z  UNC                           
 ANNAWAN IL           +3   +  Z  UP 6                          
 COUNCIL BLUFFS IA   -10   +  Z  UNC                           
                                                               
 SRW WHEAT                                                     
 TOLEDO              -30   +  Z  UNC                           
 CINCINNATI          -30   +  Z  UNC                           
 DECATUR IN          -10   +  Z  UNC                           
 BURNS HARBOR        -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)