Spring wheat basis bids at the six regional grain elevators followed by the Red River Farm Network remain unchanged from the previous week, ranging from 30 to 60 cents under the July futures. Corn basis for June delivery widened to 40 cents under the July at Warren, Minnesota. Corn basis is 10 cents under at Ulen, Minnesota. Agtegra at Grebnor, South Dakota went from 40 over the July to 25 over the July. Soybean basis for June delivery ranges from 25 to 70 cent under the July futures. Van Ahn and Company is reporting the PNW went to no bid for old crop corn, indicating the export program is covered through harvest.
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