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. 
	
* 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) 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 - U.S. FOB Gulf Grain (Reporting by Michael Hirtzer in Chicago; Editing by Peter Galloway)

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