US Cash Grains-Soy, corn bids trade flat-to-higher at river terminals

CHICAGO, July 7 (Reuters) - Spot basis bids for corn and soybeans were steady-to-higher at river terminals in a spot check of locations in the U.S. Midwest on Monday as futures slumped.

• The corn basis and soy basis both rose at river terminals in Davenport, Iowa and Morris, Illinois.

• The U.S. Department of Agriculture rated 74% of the nation's corn crop in good-to-excellent condition, up 1 percentage point from last week and the highest for this time of year since 2018, a weekly USDA crop progress report showed on Monday.

• The agency rated 66% of the nation's soybean crop as good-to-excellent, unchanged from last week but down from 68% at this same time last year.

• Warm weather and periodic showers have boosted the corn and soy crop as July begins, with non-threatening weather pressuring futures.

• CBOT December corn CZ25 finished down 16-1/4 cents at $4.20-3/4 a bushel.

• CBOT November soybeans SX25 ended down 28-1/2 cents at $10.20-3/4 a 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

---------------------------------------------------------

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