Dec 13 (Reuters) - Corn and soybean spot basis bids were
largely unchanged across the U.S. Midwest on Friday as many
farmers remained entrenched on the sidelines with corn futures
falling sharply and soybeans spending much of the session in
negative territory.
    * Many growers are delaying the bulk of their sales until
the new tax year of 2014 while truck deliveries of the crops to
satisfy existing contracts have also slowed amid bitter cold and
snowy conditions in much of the region.
    * Soybean bids declined earlier this week as buyers at
	

		

			
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processors and elevators were unwilling to extend ownership in
an inverted futures market  that promised lower bean
prices in the coming weeks and months.
    * Corn futures were little changed for the week. Bids edged
lower at some ethanol plants following a downturn in profit
margins for makers of the biofuel. But support from a slow pace
of farmer sales was largely offset by pressure from a
record-large harvest.
    * Freight costs for hauling grain by barge from the central
U.S. Midwest to Gulf Coast export terminals spiked to three-week
highs this week as low water and icy river conditions amid a
pre-winter cold snap hindered shipping, trade sources said.
 
    * U.S. corn futures fell 2 percent, their biggest single-day
drop in nearly a month, on concerns about U.S. sales to China, a
proposal to eliminate the U.S. ethanol mandate and the big
global stockpile of the feed grain. 
    Basis values are quoted against CBOT futures in cts/bu:
                      Current               Previous      
                      Bid                Bid              
 Chicago, Illinois                                        
 Corn processors        +5   +  H          +5   +  H      UNC
 Corn elevators         -5   +  H          -5   +  H      UNC
 Soybean elevators      +5   +  F          +5   +  F      UNC
 Wheat elevators        -5   +  H          -5   +  H      UNC
 Wheat processors      -10   +  H         -10   +  H      UNC
	

		

			
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 Decatur IL corn        +0   +  H          +0   +  H      UNC
 Decatur IL soybeans   +15   +  F         +15   +  F      UNC
 Burns Harbor IN       -25   +  H         -25   +  H      UNC
 corn                                                     
 Burns Harbor IN soy   -20   +  F         -20   +  F      UNC
 Lafayette IN soy       +5   +  F          +5   +  F      UNC
 Toledo OH (port)                                         
 Corn                  -14   +  H         -15   +  H      UP 1
 Soy                    +5   +  F          +5   +  F      UNC 
 SRW wheat             -10   +  H         -10   +  H      UNC
 Davenport IA                                             
 (river)                                                  
 Corn                   -4   +  H          -4   +  H      UNC
 Soy                   -11   +  H         -11   +  H      UNC
 Evansville IN                                            
 (rail)                                                   
 15-car CSX corn        +4   +  H          +4   +  H      UNC
 Cincinnati OH                                            
 (rail)                                                   
 3-car corn             -3   +  H          -3   +  H      UNC
 Hereford TX corn      +94   +  H         +94   +  H      UNC
 Columbus OH (rail)                                       
 3-car corn             -3   +  H          -3   +  H      UNC
 Morris IL (river)                                        
 Corn                  -16   +  H         -15   +  H      DN 1
 Soybeans               +7   +  F          +7   +  F      UNC
 Fort Worth TX corn   +120   +  H        +122   +  H      DN 2
 Blair NE corn          +4   +  H          +4   +  H      UNC
 Council Bluffs, IA (elevator)                            
 Corn                   -8   +  H          -8   +  H      UNC
 Soy                   -27   +  F         -27   +  F      UNC
 Des Moines IA soy     UNQ                UNQ             UNC
 Sioux City IA soy     -30   +  F         -30   +  F      UNC
 NOTE: 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                      
	

		

			
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- 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 Andrew)