US Cash Grains-Soy processor basis steady-firmer; corn basis mixed

CHICAGO, Jan 20 (Reuters) - Spot basis bids for soybeans strengthened at a few soy processing facilities on Tuesday as well as a river elevator where beans are loaded onto barges for shipment toward Gulf exporters, spot checks showed.

• The soybean basis improved by 5 cents a bushel at crushing plants at Morristown and Decatur, Indiana, and by 4 cents at Seneca, Illinois, on the Illinois River.

• Chicago Board of Trade March soybean futures SH26 have been recovering slowly after falling to a near three-month low a week ago, chilling farmer sales of the oilseed.

• Basis bids for corn were mixed, with the basis firming by 5 cents at an Annawan, Illinois, ethanol plant but falling by 2 cents at Decatur, Illinois, a grain processing hub.

• CBOT corn futures steadied by mid-session on Tuesday, paring early declines, while soybean futures firmed. GRA/

• As of 11:15 a.m. CST (1715 GMT), CBOT March corn CH26 was up 3/4 cent at $4.25-1/2 per bushel and March soybeans SH26 were up 3-1/2 cents at $10.61-1/4 a bushel. GRA/

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

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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