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U.S. Cash Grains-Corn steady/firm on thin sales, soy flat

Dec 6 (Reuters) - Spot basis bids for corn rose in parts of
the U.S. Midwest interior Friday on strong demand from
processors including ethanol makers as wintry weather slowed the
movement of grain, dealers said.
    * The corn basis firmed for a third straight day at Blair,
Nebraska, site of an ethanol plant. An elevator at Council
Bluffs, Iowa, raised its corn bid by 3 cents.
    * Soybean bids were mostly steady but the basis fell 2 cents
at Davenport, Iowa, on the Mississippi River, as the barge
season ended on that stretch of the river. Shippers are moving
	
barges farther downstream for the winter. * Cold temperatures, snow and ice forecast for portions of the U.S. Plains and southern Midwest into the weekend threaten some winter wheat and livestock, but the biggest issue may be logistical snarls, meteorologists said. * A mixture of rain, sleet, ice and snow fell across the southern Plains, including Texas, and extended into the northern U.S. Delta and southeast Midwest. * At the CBOT, March corn rose 3/4 cent at $4.34-1/4 a bushel on short-covering and a slow pace of farmer sales. * CBOT January soybeans fell 2-1/2 cents at $13.25-1/2 a bushel on expectations for a large soy harvest in South America, but losses were limited by strength in soymeal. * CBOT March wheat fell 1 cent at $6.51 a bushel on technical selling. Basis values are quoted against CBOT futures in cts/bu: Current Previous Bid Bid Chicago, Illinois Corn processors +4 + H +4 + H UNC Corn elevators -8 + H -8 + H UNC Soybean elevators +5 + F +5 + F UNC Wheat elevators -5 + H -5 + H UNC Wheat processors -10 + H -10 + H UNC Decatur IL corn +0 + H +0 + H UNC Decatur IL soybeans +15 + F +15 + F UNC Burns Harbor IN corn -25 + H -25 + H UNC
Burns Harbor IN soy -20 + F -20 + F UNC Lafayette IN soy +5 + F +5 + F UNC Toledo OH (port) Corn -17 + H -17 + H UNC Soy +8 + F +8 + F UNC SRW wheat -14 + H -17 + H UP 3 Davenport IA (river) Corn -6 + H -6 + H UNC Soy -12 + H -10 + H DN 2 Evansville IN (rail) 15-car CSX corn +8 + H +8 + H UNC Cincinnati OH (rail) 3-car corn UNQ H UNQ H UNC Hereford TX corn +94 + H +94 + H UNC Columbus OH (rail) 3-car corn UNQ H UNQ H UNC Morris IL (river) Corn -19 + H -22 + H UP 3 Soybeans +10 + F +10 + F UNC Fort Worth TX corn +122 + H +122 + H UNC Blair NE corn +2 + H +0 + H UP 2 Council Bluffs, IA (elevator) Corn -7 + H -10 + H UP 3 Soy -23 + F -20 + F DN 3 Des Moines IA soy UNQ F UNQ F UNC Sioux City IA soy -25 + F -25 + 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 - 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 Julie Ingwersen; Editing by Diane Craft)

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