U.S. Cash Grains-Corn, soy bids steady-firm in quiet trade

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)

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