US Cash Grains-Soybean and corn bids steady in quiet trade

CHICAGO, Dec 10 (Reuters) - Spot soybean and corn basis bids were mostly steady in the U.S. Midwest on Wednesday as trade remained mostly quiet, dealers reported.

• The U.S. Department of Agriculture left its U.S. soybean export forecast unchanged in a monthly report on Tuesday as sales resumed to China, which for months shunned purchases because of its trade war with Washington.

• The USDA pegged soybean exports in the 2025/26 season that ends on August 31 at a 13-year low of 1.635 billion bushels, down 13% from the previous year. Ending stocks were unchanged from a month earlier at 290 million bushels.

• Corn exports have been robust and the USDA on Tuesday raised its U.S. corn export forecast because sales of the grain to global buyers have been stronger than expected.

• U.S. corn exports were seen at a record 3.200 billion bushels, up from 3.075 billion a month earlier, while end-of-season supplies were estimated at 2.029 billion bushels, down from the USDA's prior-month forecast of 2.154 billion.

• Chicago Board of Trade March corn futures CH26 were last down 4-1/4 cents at $4.43-3/4 per bushel.

• CBOT January soybeans SF26 were last up 3 cents at $10.90 per bushel.

Basis values are quoted against CBOT futures in cents/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

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LINKS: 0#USCSHGRN-AM

For U.S. forward basis spreadsheets, please click on:

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 AM GRA/M

- U.S. CIF/FOB Gulf Grain GRA/F