Basis levels at various grain elevators continue to be poor. Wheat basis levels range from 40 under in Ulen, Minnesota to 80 under in Minot. Corn basis levels range from 45 to 60 under for old crop and 58 to 72 under for new crop. Soybean basis bids are a dollar to $1.35 under for old crop and $1.25 to $1.35 under for new crop.
