US Cash Grains-Corn basis bids steady to up

CHICAGO, June 25 (Reuters) - Corn basis bids were flat to higher at elevators and processing facilities around the U.S. Midwest on Wednesday as dealers tried to lure farmers to sell.

• The corn basis rose at elevators in Cincinnati, Ohio, and Lincoln, Nebraska. It also rose at a processor in Cedar Rapids, Iowa.

• Three processing facilities rolled their soybean basis to the November contract.

• Rains mixed with warmer weather are expected to provide ideal growing conditions in the U.S. Midwest in the coming weeks, according to forecasters, which has caused corn and soybean futures to sag.

Basis values are quoted against CBOT futures in cts/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-PM

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

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 PM GRA/PM

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