CHICAGO, Feb 12 (Reuters) - Spot basis bids for soybeans were steady to up at processors and river terminals in the U.S. Midwest on Wednesday as futures fell sharply.

* Basis bids for soybeans rose at a processor in Cedar Rapids, Iowa and a river terminal in Davenport, Iowa.

* Corn basis bids were up 2 cents at a river terminal in Seneca, Illinois.

* Chicago Board of Trade soybean futures fell on Wednesday as the market digested a higher-than-expected soybean stocks forecast from the U.S. Department of Agriculture, according to analysts, as well as ongoing concerns over Chinese demand.

* CBOT March soybeans SH25 were down 17-1/4 cents to $10.26-1/4 at 11:42 a.m. CST (1742 GMT).

* CBOT March corn futures were up 3-1/2 cents to $4.87-1/2 per bushel.

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 = JulyQ = 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

(Reporting by Renee Hickman; Editing by Alan Barona)

((renee.hickman@thomsonreuters.com))