<p>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.</p>
<ul>
<li>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.</li>
<li>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.</li>
<li>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.</li>
<li>CBOT corn futures steadied by mid-session on Tuesday, paring early declines, while soybean futures firmed.  (GRA/)</li>
<li>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/)</li>
</ul>
<p>Basis values are quoted against CBOT futures in cts/bu:</p>
<h3>ELEVATORS</h3>
<h3>CORN                 SOYBEANS</h3>
<h3>CINCINNATI OH        +7  +  H  DN 1           +9  +  H  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          -42  +  H  UNC           -60  +  H  UNC</h3>
<h3>PROCESSORS</h3>
<h3>CORN                 SOYBEANS</h3>
<h3>DECATUR IL           +3  +  H  DN 2           +5  +  H  UNC</h3>
<h3>DECATUR IN                                    +0  +  H  UP 5</h3>
<h3>MORRISTOWN IN                                 +0  +  H  UP 5</h3>
<h3>LAFAYETTE IN                                  -5  +  H  UNC</h3>
<h3>CEDAR RAPIDS IA     -12  +  H  UNC           -30  +  H  UNC</h3>
<h3>COUNCIL BLUFFS IA                            -40  +  H  UNC</h3>
<h3>LINCOLN NE                                   -45  +  H  UNC</h3>
<h3>BLAIR NE             -7  +  H  UNC</h3>
<h3>RIVER TERMINALS</h3>
<h3>CORN                 SOYBEANS</h3>
<h3>TOLEDO OH            +5  +  H  UNC           -15  +  H  UNC</h3>
<h3>SENECA IL           -10  +  H  UP 2          -10  +  H  UP 4</h3>
<h3>SAVANNA IL          -26  +  H  UNC           -51  +  H  UNC</h3>
<h3>DAVENPORT IA        -10  +  H  UNC           -16  +  H  UNC</h3>
<h3>ETHANOL PLANTS</h3>
<h3>LINDEN IN            -5  +  H  UNC</h3>
<h3>UNION CITY IN       +16  +  H  UNC</h3>
<h3>ANNAWAN IL           -3  +  H  UP 5</h3>
<h3>COUNCIL BLUFFS IA   -16  +  H  UNC</h3>
<h3>SRW WHEAT</h3>
<h3>TOLEDO OH           -10  +  H  UNC</h3>
<h3>CINCINNATI OH       UNQ        UNC</h3>
<h3>DECATUR IN          -30  +  H  UNC</h3>
<h3>BURNS HARBOR IN     UNQ        UNC</h3>
<p>NOTE: 0 = Option price, UNC = Unchanged, UNQ = Unquoted</p>
<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>

VEGI

SOYB

FTAG

CORN

<p>Spot basis bids for soybeans have strengthened at several processing facilities and a river elevator, with improvements of 5 cents per bushel in Indiana and 4 cents in Illinois. Meanwhile, corn basis bids were mixed, firming by 5 cents at an ethanol plant in Annawan but falling by 2 cents in Decatur. CBOT March soybean futures rose by 3.5 cents to $10.61-1/4 per bushel, while corn futures increased by 0.75 cents to $4.25-1/2 per bushel as of mid-session on Tuesday.</p>

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