U.S. Cash Grains-Corn, soy bids mostly steady in light trading

Nov 29 (Reuters) - Spot cash basis bids for corn and
soybeans held mostly steady around the U.S. Midwest on Friday,
supported by light offerings from farmers and commercial
elevators, grain merchants said.
    * Soy bids eased at a processor in Sioux City, Iowa, while
bids for both soybeans and corn were largely unchanged elsewhere
following an abbreviated session at the Chicago Board of Trade. 
    * Soybean futures jumped more than 1 percent amid
strong export sales results and continued good overseas demand
but the higher futures failed to entice significant farmer
sales. 
	

		

			
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    * Corn futures edged narrowly lower, keeping country
sales of corn to a minimum.
    * Most farmers are finished with the harvest of each crop
and are putting a majority of supplies in storage in the hopes
of selling next year at higher prices.
    
    Basis values are quoted against CBOT futures in cts/bu:
                        Current               Previous     
                        Bid                Bid             
 Chicago, Illinois                                         
 Corn processors         +13   +  Z         +13   +  Z     UNC
 Corn elevators           +0   +  Z          +0   +  Z     UNC
 Soybean elevators        +5   +  F          +5   +  F     UNC
 Wheat elevators          +5   +  Z          +5   +  Z     UNC
 Wheat processors        -10   +  Z         -10   +  Z     UNC
 Decatur IL corn         +15   +  Z         +15   +  Z     UNC
 Decatur IL soybeans     +20   +  F         +20   +  F     UNC
 Burns Harbor IN corn    -20   +  H         -24   +  Z     NC
 Burns Harbor IN soy     -20   +  F         -20   +  F     UNC
 Lafayette IN soy         +0   +  F          +0   +  F     UNC
 Toledo OH (port)                                          
 Corn                    -17   +  H         -17   +  H     UNC
 Soy                      +0   +  F          +0   +  F     UNC
 SRW wheat                -3   +  Z          -3   +  Z     UNC
 Davenport IA (river)                                      
	

		

			
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 Corn                     +2   +  Z          +2   +  Z     UNC
 Soy                      -5   +  F         -10   +  H     NC
 Evansville IN (rail)                                      
 15-car CSX corn         +14   +  Z         +14   +  Z     UNC
 Cincinnati OH (rail)                                      
 3-car corn               +6   +  Z          +6   +  Z     UNC
 Hereford TX corn        +95   +  H         +95   +  H     UNC
 Columbus OH (rail)                                        
 3-car corn               +6   +  Z          +6   +  Z     UNC
 Morris IL (river)                                         
 Corn                     -1   +  Z          -7   +  Z     UP 6
 Soybeans                 +3   +  F          +3   +  F     UNC
 Fort Worth TX corn     +120   +  H        +120   +  H     UNC
 Blair NE corn            +0   +  Z          +0   +  Z     UNC
 Council Bluffs, IA (elevator)                             
 Corn                     -4   +  Z          -4   +  Z     UNC
 Soy                     -12   +  F         -12   +  F     UNC
 Des Moines IA soy       -30   +  X         -30   +  X     UNC
 Sioux City IA soy       -25   +  F         -22   +  F     DN 3
 NOTE: 0 = option price, UNC = Unchanged, UNQ = Unquoted,
 NC = Not comparable, DP = Delayed Price, X = November,
 Z = December
----------------------------------------------------------------
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                      
	

		

			
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- U.S. FOB Gulf Grain                      

 (Reporting by Michael Hirtzer in Chicago; Editing by Peter
Galloway)

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