Cash grain bids at the six regional grain elevators followed by the Red River Farm Network widened as futures prices increased over the past week. This resulted in slightly higher spring wheat prices, lower corn prices and higher soybean prices. Spring wheat basis ranges from 30 to 90 cents under the December futures contract. Nearby spring wheat delivery prices range from $4.56 to $5.16 per bushel. Corn basis bids range from 40 to 58 cents under the December futures price, resulting in cash corn prices from $3.00 to $3.18. Soybean basis ranges from 55 to 95 cents under the November futures contract with cash soybean prices ranging from $8.59 to $9.00.
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