Basis levels at the six regional grain elevators followed by the Red River Farm Network remained nearly unchanged from one week ago, while futures prices moved higher resulting in cash prices increasing 10 to 15 cents for corn and spring wheat, and 40 to 50 cents for soybeans. Cash wheat prices range from $5.07 to $5.52 per bushel. Cash corn prices range from $3.63 to $3.88 per bushel and cash soybean prices range from $10.30 to $10.59 per bushel.
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.