US Cash Grains-Soybean, corn bids flat in quiet trade

CHICAGO, June 18 (Reuters) - Spot basis bids for U.S. soybeans and corn were flat in the Midwest on Wednesday afternoon as trade was quiet and industry players eyed growing weather.

• Generally benign U.S. crop weather hung over the market, muting rallies by favoring U.S. corn production prospects.

• U.S. markets and most government offices will be closed on Thursday in observance of the Juneteenth federal holiday.

• Corn and soybean futures followed the higher trend. A setback in the dollar .DXY lent support, making U.S. grains more attractive to those holding other currencies.

• CBOT July soybeans SN25 settled up 3/4 cent at $10.74-3/4 per bushel, easing after reaching $10.79-3/4, its highest level since May 14. New-crop November soybeans SX25 ended up 1/2 cent at $10.68-1/4.

• CBOT July corn CN25 settled up 2 cents at $4.33-1/2 per bushel.

Basis values are quoted against CBOT futures in cents/bu:

NOTE: 0 = Option Price, UNC = Unchanged, UNQ = Unquoted,

NC = Not Comparable, DP = Delayed Price, N/A = Not Available,

F = January, H = March, K = May, N = July, Q = August,
U = September, X = November, Z = December

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LINKS: 0#USCSHGRN-AM

For U.S. forward basis spreadsheets, please click on:

CORN/BASIS, SOYA/BASIS, WHEAT/BASIS, MILO/BASIS

- CBOT corn report COR/

- CBOT soybean report SOY/C

- CBOT wheat report WHE/C

- U.S. grain barge freight values BG/US

- U.S. Midwest cash grain AM GRA/M

- U.S. CIF/FOB Gulf Grain GRA/F