July 23 (Reuters) – Spot cash basis bids for soybeans were narrowly mixed at U.S. Midwest processors and river terminals, but mostly steady at elevators early on Wednesday in very light trade as Chicago Board of Trade soybean futures traded higher, dealers said.
* The higher CBOT soybean futures enticed some farmers to market crops, dealers said. Some growers placed soybeans in delayed pricing programs on hopes CBOT soy futures would continue to rise, dealers said.
* Soft red winter wheat bids also held steady as farmers delivered the grain to meet existing July contracts, dealers said.
* Corn bids were steady to narrowly higher at elevators and processors, but sales were quiet, dealers said.
Basis values are quoted against CBOT futures in cts/bu: CORN SOYBEANS CINCINNATI OH +5 + Q UNC +100 + Q UNC BURNS HARBOR IN -14 + U UP 1 +45 + Q UNC DECATUR IN -25 + U UNC DES MOINES IA UNQ UNC LINCOLN NE -20 + U UNC PROCESSORS CORN SOYBEANS DECATUR IL +30 + U UP 1 +95 + Q UNC DECATUR IN +125 + Q UP 10 MORRISTOWN IN +110 + Q UNC LAFAYETTE IN +90 + Q UNC CEDAR RAPIDS IA +10 + U UNC +80 + Q DN 5 COUNCIL BLUFFS IA +80 + Q UNC LINCOLN NE +85 + Q UNC BLAIR NE -10 + U UNC RIVER TERMINALS CORN SOYBEANS TOLEDO OH -8 + U UNC +72 + Q UNC SENECA IL +10 + U UNC +76 + Q UP 3 SAVANNA IL +9 + U UP 2 +0 + Q DN 20 DAVENPORT IA +12 + U DN 2 +35 + Q UNC ETHANOL PLANTS LINDEN IN +10 + U UNC UNION CITY IN +0 + U UNC ANNAWAN IL +14 + U UNC COUNCIL BLUFFS IA -21 + U DN 1 SRW WHEAT TOLEDO OH +5 + U UNC CINCINNATI OH +5 + U UNC DECATUR IN +0 + U UNC BURNS HARBOR IN +0 + U UNC NOTES: 0 = Option price, UNC = Unchanged, UNQ = Unquoted, NC = Not comparable, DP = Delayed Price, Q = August, U = September --------------------------------------------------------------- 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 James Dalgleish)