June 18 (Reuters) – Corn and soybean bids were steady to slightly firmer around the U.S. Midwest on Wednesday in quiet trade as farmers remained reluctant to book crop sales, dealers said.
* Soft red winter wheat bids were unchanged in portions of Ohio with harvest still a couple weeks away.
* Rain and wet conditions were monitored in portions of western Iowa, where some fields flooded after strong thunderstorms on Monday. More rain was expected late on Wednesday, a grain merchant said.
* Corn bids firmed 2 cents per bushel at an Indiana ethanol plant and by 7 cents at an Iowa processor.
* Soybean bids firmed by 1 to 4 cents per bushel at terminals on the Mississippi Rivers.
* Soybean held mostly steady supported by tight supplies and slow farmer selling, dealers said.
Basis values are quoted against CBOT futures in cts/bu: CORN SOYBEANS CINCINNATI OH +2 + N UNC +85 + Q UNC BURNS HARBOR IN -12 + N UNC +10 + N UNC DECATUR IN -15 + N UNC DES MOINES IA UNQ UNC LINCOLN NE -7 + N UNC PROCESSORS CORN SOYBEANS DECATUR IL +18 + N UNC +90 + Q UNC DECATUR IN +110 + Q UNC MORRISTOWN IN +110 + Q UNC LAFAYETTE IN +100 + Q UP 5 CEDAR RAPIDS IA +27 + N UP 7 +65 + Q UNC COUNCIL BLUFFS IA +62 + Q UNC LINCOLN NE +60 + Q UNC BLAIR NE +5 + N UNC RIVER TERMINALS CORN SOYBEANS TOLEDO OH -10 + N UNC +85 + Q UNC SENECA IL +3 + N DN 2 +7 + N UNC SAVANNA IL +1 + N UNC +1 + N UP 4 DAVENPORT IA +6 + N UP 1 -3 + N UP 1 ETHANOL PLANTS LINDEN IN +3 + N UP 2 UNION CITY IN +7 + N UNC ANNAWAN IL +4 + N UNC COUNCIL BLUFFS IA +0 + N UNC SRW WHEAT TOLEDO OH +0 + N UNC CINCINNATI OH -10 + N UNC DECATUR IN -10 + N UNC BURNS HARBOR IN -20 + N UNC NOTES: 0 = Option price, UNC = Unchanged, UNQ = Unquoted,NC = Not comparable, DP = Delayed Price, N = July, Q = August --------------------------------------------------------------- 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 Meredith Davis in Chicago; Editing by Peter Galloway)