US Cash Grains-Corn, soybean basis steady-firm at processors, river elevators

CHICAGO, Nov 12 (Reuters) - Spot basis bids for corn and soybeans delivered to U.S. Midwest processing plants and barge-loading river elevators were mostly steady to higher on Wednesday, supported by slow farmer selling, brokers said.

• The spot soybean basis bid rose by 5 cents a bushel at a crush plant in Decatur, Indiana, and by 5 cents at a river elevator in Savanna, Illinois.

• An ethanol plant in Union City, Indiana, raised its spot corn basis bid by 2 cents a bushel, while a Savanna, Illinois, river terminal lifted its bid by 5 cents.

• Farmer selling was minimal on Wednesday as prices remain below recent highs and growers await a U.S. Department of Agriculture crop supply and demand report due on Friday.

• The USDA is expected to cut its U.S. corn and soybean production estimates in the report.

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