US Cash Grains-Corn, soy basis bids stay mostly stable to higher

CHICAGO, June 20 (Reuters) - Spot basis bids for corn and soybeans were unchanged to slightly higher in the U.S. Midwest on Friday afternoon, as grain dealers and farmers kept their focus on weather conditions affecting crops.

• U.S. corn and soybean futures fell as favourable weather in much of the Midwest boosted crop production potential.GRA/

• Still, farmers have been slow sellers of their crops because the most important periods of development are still to come this summer, dealers said.

• The U.S. Department of Agriculture is set to issue a weekly update on corn and soy crop condition ratings on Monday.

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