Basis levels for immediate delivery at area ethanol plants are very strong. Blue Flint Energy at Underwood, North Dakota is bidding 10 cents over the December futures for corn delivered by October 25. Green Plains Energy at Fergus Falls, Minnesota is bidding two cents under the December futures for delivery October 23. Hankinson Renewable Energy is bidding 20 cents under the December futures for delivery by October 25 and Poet Biorefinery in Groton, South Dakota is bidding seven cents under the December Futures for Delivery by October 25.
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