US Cash Grains-Soybean, corn basis bids weaken at some river terminals

CHICAGO, Nov 7 (Reuters) - Spot basis bids for U.S. soybeans and corn slipped at some Midwestern river terminals on Friday after farmer sales accelerated this week, brokers said.

• Farmer selling has increased supplies available to grain handlers.

• Basis bids for soy and corn fell at a river terminal near Davenport, Iowa. Basis bids also declined for soy at a river terminal in Seneca, Illinois, and for corn at a terminal in Savanna, Illinois.

• Some ethanol plants raised their corn basis bids.

• Weekly U.S. ethanol output rose by 32,000 barrels per day to 1.12 million barrels per day, according to U.S. data issued on Wednesday.

Basis values are quoted against CBOT futures in cts/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-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