US Cash Grains-Soybeans steady to mixed at processors

CHICAGO, Aug 12 (Reuters) - Basis bids for soybeans were steady to mixed at processors in the U.S. Midwest on Tuesday in a spot check of locations. Corn bids were steady to down at processors and steady to up at river terminals.

• The soybean basis rose 10 cents at a processor in Decatur, Illinois, and fell 3 cents at a processor in Decatur, Indiana.

• The corn basis fell 2 cents at a processor in Cedar Rapids, Iowa, and rose 2 cents at a river terminal in Davenport, Iowa.

• U.S. farmers this year are expected to harvest the biggest corn crop on record, the U.S. Department of Agriculture said in a report on Tuesday.

• The government predicted a record-high corn yield of 188.1 bushels per acre and also raised its estimate of corn acreage.

• For soybeans, the USDA also predicted a record-high yield, but production is expected to fall 2% compared to last year due to reduced acreage.

• As of 12:31 p.m. CDT (1731 GMT), CBOT August soybeans SQ25 rose 15 cents to $10.04-1/2 a bushel and the new-crop November contract SX25 was up 15 cents at $10.26-1/4 a bushel.

• CBOT September corn futures CU25 were down 14-3/4 cents at $3.70-1/4 a bushel and new-crop December corn CZ25 was down 14-1/4 cents at $3.93-1/2 a bushel.

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