Articles tagged under: Basis
Basis Stays Strong in Northern Plains
Published October 15, 2021
The Northern Plains continues to see some of the best basis levels as harvest continues. Van Ahn and Company market analyst Kristi Van Ahn remains friendly for basis through January. "I think there will be a point in December where…Basis Levels Stay Strong at Harvest
Published October 7, 2021
The current strong basis is unusual for harvest time. "It's notable because this is happening at a time when we are getting our export market back; it's a good signal for demand all the way around," says Sam Hudson, market…What’s Hot, What’s Not in the Markets
Published October 4, 2021
Energy prices are on fire, which is affecting the cost of fertilizer. In this edition of What's Hot, What's Not in the Markets, Advance Trading Risk Management Agency Advisor Tommy Grisafi says the basis values remain very strong.Do Not Fall Asleep on Basis Levels
Published October 1, 2021
Basis levels remain historically high as harvest ramps up. Van Ahn and Company market analyst Kristi Van Ahn warns farmers not to forget marketing while they are busy harvesting. "The basis levels are phenomenal. Do not fall asleep on these…Basis Bids Hold Steady in the Northern Plains
Published September 10, 2021
While basis bids at river terminals along the Mississippi river have collapsed due to damage from Hurricane Ida, the basis bids at the six regional grain elevators followed by the Red River Farm Network have held mostly steady from one…Minor Spring Wheat Basis Updates Seen in Northern Plains
Published July 18, 2021
Basis bids at the six regional grain elevators followed by the Red River Farm Network had minor changes in the spring wheat basis. Basis bids range from 10 cents to 55 cents under the September futures contract. Corn basis is…Regional Basis Levels Remain Strong
Published May 20, 2021
Spring wheat basis bid this week are mostly unchanged from the previous week at the six regional grain elevators followed by the Red River Farm Network. Corn basis bids jumped 50 cents at Ulen, Minnesota from 25 under the July…Not Much Old Crop Grain Left to Sell in the U.S.
Published May 17, 2021
Strong basis levels continue to suggest a limited supply of grain in the country. "There were lots of corn and soybean sales last fall and there's been some sales reaching at the $5 to $6 mark and now, farmers are…Regional Basis Bids Unchanged in Northern Plains
Published May 17, 2021
Basis bids at the six regional grain elevators followed by the Red River Farm Network are mostly unchanged from one week ago. Spring wheat basis improved five cents at Minot, North Dakota but widened by 12 cents at New Salem,…