<p>CHICAGO, March 13 (Reuters) - Basis bids for corn and soybeans were mostly steady in the U.S. Midwest on Friday as a massive wave of farmer selling eased.</p>
<ul>
<li>U.S. grain prices have surged since the Iran war began, triggering a flurry of corn and soybean sales by farmers who squirreled away last year’s harvests due to weak prices.</li>
<li>Since the U.S. and Israel attacked Iran, farmers across the Midwest have capitalized on climbing prices by selling corn, soy and wheat from storage bins to ethanol producers and major traders including Archer-Daniels-Midland  (ADM.N)  and Bunge (BG.N) .</li>
<li>Chicago soybean futures edged lower on Friday after hitting a near two-year high in the previous session, as a pause in oil’s rally and a stronger dollar helped curbed prices.</li>
<li>Corn, which like soyoil is widely used in biofuel, also eased.</li>
<li>Chicago Board of Trade most-active soybeans were last down 14-1⁄4 cents to $12.13 per bushel. Most-active corn was last down 1⁄2 cent to $4.62 per bushel.</li>
</ul>
<p>Basis values are quoted against CBOT futures in cts/ bu:</p>
<h3>ELEVATORS</h3>
<h3>CORN             SOYB</h3>
<h3>EANS</h3>
<h3>CINCINNATI OH          -8  +  K  UNC   -14  +  K  UNC</h3>
<h3>BURNS HARBOR IN       UNQ        UNC   UNQ        UNC</h3>
<h3>DECATUR IN            UNQ     H  UNC   UNQ     H  UNC</h3>
<h3>DES MOINES IA         UNQ        UNC   UNQ        UNC</h3>
<h3>LINCOLN NE            -40  +  K  UNC   -70  +  K  UNC</h3>
<h3>PROCESSORS</h3>
<h3>CORN             SOYB</h3>
<h3>EANS</h3>
<h3>DECATUR IL             -8  +  K  UNC    -8  +  K  UNC</h3>
<h3>DECATUR IN                              +0  +  K  UNC</h3>
<h3>MORRISTOWN IN                           +0  +  K  UNC</h3>
<h3>LAFAYETTE IN                           -10  +  K  UNC</h3>
<h3>CEDAR RAPIDS IA       -21  +  K  UNC   -50  +  K  UNC</h3>
<h3>COUNCIL BLUFFS IA                      -55  +  K  UNC</h3>
<h3>LINCOLN NE                             -55  +  K  UNC</h3>
<h3>BLAIR NE              -20  +  K  UP</h3>
<p>1</p>
<h3>RIVER TERMINALS</h3>
<h3>CORN             SOYB</h3>
<h3>EANS</h3>
<h3>TOLEDO OH              +2  +  K  UNC   -10  +  K  UNC</h3>
<h3>SENECA IL             -17  +  K  UNC   -30  +  K  UNC</h3>
<h3>SAVANNA IL            -34  +  K  UNC   -56  +  K  UNC</h3>
<h3>DAVENPORT IA          -30  +  K  UNC   -45  +  K  DN</h3>
<p>5</p>
<h3>ETHANOL PLANTS</h3>
<h3>LINDEN IN             -10  +  K  UNC</h3>
<h3>UNION CITY IN         +11  +  K  UNC</h3>
<h3>ANNAWAN IL            -10  +  K  UNC</h3>
<h3>COUNCIL BLUFFS IA     -28  +  K  UNC</h3>
<h3>SRW WHEAT</h3>
<h3>TOLEDO OH              -5  +  H  UNC</h3>
<h3>CINCINNATI OH         UNQ        UNC</h3>
<h3>DECATUR IN            -20  +  K  UNC</h3>
<h3>BURNS HARBOR IN       UNQ        UNC</h3>
<p>NC = Not comparable, DP = Delayed price, N/A = Not available,</p>
<p>F = January, H = March, K = May, N = July Q = August, U = September, X = November, Z = December</p>
<hr/>
<h3>LINKS:  (0#USCSHGRN-PM)</h3>
<p>For U.S. forward basis spreadsheets, please click:</p>
<p>(CORN/BASIS)   (SOYA/BASIS)   (WHEAT/BASIS)   (MILO/BASIS)</p>
<ul>
<li>CBOT corn report  (COR/)</li>
<li>CBOT soybean report  (SOY/C)</li>
<li>CBOT wheat report  (WHE/C)</li>
<li>U.S. grain barge freight values  (BG/US)</li>
<li>U.S. Midwest cash grain PM  (GRA/PM)</li>
<li>U.S. CIF/FOB Gulf Grain  (GRA/F)</li>
</ul>

SOYB

VEGI

CORN

FTAG

WEAT

Reuters

Archer-Daniels-Midland

Teucrium Soybean

iShares MSCI Agriculture Producers ETF

Bunge Global SA

VanEck Agribusiness ETF

Teucrium Corn Fd

First Trust Indxx Global Agri

Invesco DB Agriculture FD ETF

Teucrium Wheat

US Cash Grains-Soy, corn basis mostly flat in lighter selling