US Cash Grains-Corn steady to down at elevators, processors, river terminals

CHICAGO, Aug 13 (Reuters) - Basis bids for corn were mostly steady to down at elevators, river terminals and ethanol plants in a spot check of locations in the U.S. Midwest on Wednesday as futures ticked up.

• The corn basis fell at an elevator in Cincinnati, Ohio, a river terminal in Savanna, Illinois, and ethanol plants in Union City, Indiana, and Annawan, Illinois. It rose at a processor in Decatur, Illinois.

• The soybean basis fell at Morristown, Indiana, and a river terminal in Seneca, Illinois. It rose at an elevator in Cincinnati, Ohio.

• Corn futures ticked up on Wednesday, recovering after falling more than 3% in the previous session when the U.S. Department of Agriculture shocked the market with its projection of a record U.S. crop well above trade expectations. GRA/

• Soybean futures climbed after the USDA lowered its harvest forecast, shifting a large chunk of planted area towards corn, which outweighed an increase in its soy yield projection to a record high.

• CBOT November contract SX25 ended up 11-1/2 cents at $10.32-3/4 a bushel.

• CBOT December corn CZ25 settled up 2-3/4 cents at $3.97-1/4 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