Basis bids at the six regional elevators followed by the Red River Farm Network remain mostly unchanged from two weeks ago for wheat. Ulen, Minnesota is the exception as they posted a feed wheat basis of $2 under the December contract. Warren, Minnesota has no bid for 12 percent protein wheat. Fourteen percent protein wheat bids range from 45 cents to $1.13 under the December futures. Corn basis improved by 10 cents at Warren and four cents at Grebnor, South Dakota. Corn basis ranges from 32 cents to 80 cents under the December futures. Changes in the soybean basis were mixed, with basis levels ranging from $1 to $1.30 under the November futures contract.
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