Articles tagged under: Basis

Poor Demand Continues to Impact Corn Price

Published November 6, 2019

Standard Grain President Joe Vaclavik says the delayed harvest should impact the grain markets at some point, but poor demand will offset any production loss. "The only thing I know for sure about the corn market is the poor demand,…

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Spring Wheat Basis Bids Improve Across Region

Published November 6, 2019

Spring wheat basis bids have improved by as much as 25 cents from two weeks ago at the six regional grain elevators followed by the Red River Farm Network. Spring wheat basis bids for 13 percent protein wheat or better…

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Rural Perspectives

Published November 1, 2019

Basis levels are remaining firm throughout much of the Northern Plains. "It's kind of a catch 22. Why do you have good basis levels? Because there is not crop coming in," says AgCountry Farm Credit Services Market Education Specialist Katie…

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Corn Yields Not Bad at Harvest, Basis Still Strong

Published October 24, 2019

Utterback Marketing President Bob Utterback says farmers are reporting respectable early harvest yields. "We're starting to get reports from farmers in many areas that got planted in early June. The corn yields are down about 10 to 15 bushels an…

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Market Analyst Describes Basis Levels as “Phenomenal”

Published October 23, 2019

Van Ahn and Company market analyst Kristi Van Ahn says ethanol basis is phenomenal right now with some ethanol plants offering to take wet corn. "There's a wide basis swing at the Blue Flint and Spiritwood Ethanol plants in North…

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Ethanol Basis is Strong in the Region

Published October 23, 2019

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…

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Capture Basis Opportunities If Possible

Published October 23, 2019

A lack of corn and soybeans to fill grain cars is strengthening basis at local elevators. It’s still challenging to get the crop harvested across much of the region. Northland Community and Technical College Farm Business Management Instructor Betsy Jensen…

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Regional Basis Mostly Unchanged for Spring Wheat

Published October 16, 2019

Basis bids at six regional grain elevators followed by the Red River Farm Network are mostly unchanged for spring wheat, with basis ranging from 25 cents to $1 under the December futures. Corn basis narrowed by five cents at Finley,…

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What’s Hot, What’s Not in the Markets

Published October 7, 2019

Harvest progress is at a standstill, but the basis levels are on fire. Find out more in the latest edition of What's Hot, What's Not in the Markets with Tommy Grisafi from Advance Trading.

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Basis Firms for Spring Wheat with Good Protein

Published October 2, 2019

Spring wheat basis levels at the six grain elevators followed by the Red River Farm Network firmed by 10 to 20 cents for 13 protein or better in the past week. Basis levels for feed wheat were added to their…

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