Basis bid at the six grain elevators followed by the Red River Farm Network were mostly unchanged from last week. The Spring wheat basis at Grebnor, South Dakota improved by five cents, while it widened by five cents at Warren, Minnesota. The soybean basis at Finley improved by five cents. The big mover was the corn basis in Minot, which improved by 20 cents. Wheat basis at the elevators range from 65 to 95 under the September futures contract. Corn basis ranges from 27 to 70 cents under the September contract and the soybean basis levels range from 90 cents to $1.35 under the September futures contract.
