Basis levels at the six grain elevators the Red River Farm Network follows was mostly unchanged from last week. Wheat basis levels remain 42 to 70 cents under the March futures contract. Corn basis levels range from 45 to 75 cents under March. Cash wheat prices range from $5.09 to $5.37 per bushel. Cash corn prices range from $3.02 to $3.78. Soybean basis levels saw the widest change, with basis levels ranging from down three cents to a 15 cent improvement. Cash soybean prices ranged from $7.83 to $8.13 per bushel.
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