U.S. Cash Grains-Soy bids mostly steady to mixed; corn bids mixed

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  
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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)

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