Cash grain basis bids at the six regional grain elevators the Red River Farm Network follows generally improved for corn and soybeans. Corn basis bids improved from five to 15 cents at most elevators. However, basis bids at Ulen, Minnesota widened by 15 cents. Soybean basis was unchanged to nine cents better. The exception is an 18-cent basis improvement at New Salem, North Dakota. Spring wheat basis were mostly unchanged. However, Ulen is reporting a 22-cent improvement in the spring wheat. Warren, Minnesota’s spring wheat basis improved by eight cents from one week ago.
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