US Cash Grains-Corn, soybean basis bids climb at processors, river and rail terminals

CHICAGO, June 25 (Reuters) - Spot basis bids for corn and soybeans were steady to improving at processors, river and rail terminals in the U.S. Midwest on Wednesday as futures for both plummeted.

• The soybean basis gained strength at a processor in Decatur, Illinois, and a river terminal in Davenport, Iowa.

• The corn basis rose at the river terminal in Davenport, as well as rail terminals in Evansville, Indiana, and Columbus, Ohio.

• U.S. corn and soybean futures slumped as warm, wet weather in the U.S. corn belt aided development for both crops. GRA/

• CBOT November soybeans ended 18-1/2 cents lower at $10.18-1/2 a bushel.

• CBOT September corn CU25 settled 7-1/4 cents lower to $4.05 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