Basis bid at the six regional grain elevators the Red River Farm Network follows remain mostly unchanged from last week. Corn basis levels range from 52 to 57 cents under the March futures contract with cash prices ranging from $3.22 to $3.27. Soybean basis have the widest change ranging from five cents lower to nine cents higher with basis levels ranging from $1.17 under at Ulen, Minnesota to $1.40 under at Minot, North Dakota. Cash soybean prices range from $7.73 to $8.01 per bushel. The spring wheat basis levels were mostly unchanged ranging from 70 cents under in Minot to 43 cents under at Ulen. Cash wheat prices for 14 protein wheat range from $4.98 to $5.25 per bushel.
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