Basis bids at the local grain elevators the Red River Farm Network follows are steady to five cents better. Soybean basis ranges from $1.30 under to $1.55 under the January futures. Corn basis ranges from 52 cents under to 65 cents under the December futures contract. Spring wheat basis ranges from 30 cents under to as much as 70 cents under the December contract for 14 protein wheat.
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