US Cash Grains-Corn basis bids flat-mixed as harvesting accelerates

Sept 30 (Reuters) - Corn basis bids were flat to mixed at grain elevators and processing facilities in the U.S. Midwest on Tuesday, brokers said, as the accelerating harvest brought in fresh supplies.

• The corn basis edged up at a Cincinnati, Ohio, elevator. It also rose at a processor in Decatur, Illinois, for delivery before October 5.

• Farmers were ramping up harvesting, which was expanding north and west in the Midwest, a broker said.

• Warm weather was expected to promote a rapid harvest pace over the next 10 days, brokers said.

• Dealers were monitoring yield data and will continue to do so over the next month.

• They worried the U.S. Department of Agriculture may suspend weekly crop progress reports that provide updates on corn and soy harvesting progress if the federal government shuts down.

• In a weekly report on Monday, USDA said the corn harvest was 18% complete and the soy harvest was 19% complete.

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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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