Articles tagged under: Basis
Somewhat Better Cash Grain Basis Across Region
Published March 13, 2019
Cash grain basis bids at the six regional grain elevators the Red River Farm Network follows generally improved for corn and soybeans. Corn basis bids improved from five to 15 cents at most elevators. However, basis bids at Ulen, Minnesota…Regional Basis Levels Mixed
Published March 5, 2019
Cash basis bids at the six regional elevators the Red River Farm Network follows were mixed compared to two weeks ago. The changes in spring wheat basis ranges is wide. The corn basis had the most movement with basis improving…Regional Basis Levels Mostly Unchanged
Published February 13, 2019
Basis levels at the six grain elevators the Red River Farm Network follows was mostly unchanged from last week. Wheat basis levels remain 42 to 70 cents under the March futures contract. Corn basis levels range from 45 to 75…Basis Levels Improve Slightly
Published February 5, 2019
Basis levels improved at a few of the regional grain elevators the Red River Farm Network follows. Compared to one week ago, New Salem saw soybean basis improve by nine cents, Ulen had a 12-cent improvement and Warren’s soybean basis…Regional Basis Bids Unchanged
Published January 30, 2019
Basis bid at the six regional grain elevators the Red River Farm Network follows remain mostly unchanged from last week. Corn basis levels range from 52 to 57 cents under the March futures contract with cash prices ranging from $3.22…The Markets are Waiting for Fresh News
Published January 11, 2019
The markets continue to wait on fresh news. To break out of current trading ranges, there needs to be better confirmation from the U.S. and China trade talks. That’s according to Stewart-Peterson Senior Market Advisor Naomi Blohm. "In the short…China Could Be Buying Soybeans “Under the Radar”
Published January 1, 2019
China may be purchasing U.S. soybeans under the radar. Brock and Associates President Richard Brock explains it could be part of the strategy. "I think they'll start releasing the information on exports soon," says Brock. "The other thing we look…Regional Basis Widens in Final Weeks of 2018
Published December 31, 2018
Over the past couple of weeks, basis bids at the six regional elevators the Red River Fam Network follows widened a bit for spring wheat, was steady for corn and mixed for soybeans. Spring wheat basis bids widened one nickel…Steady Basis Seen in the Region
Published December 19, 2018
Basis levels for corn, wheat and soybeans at grain elevators across the region are steady to a little better. Wheat basis ranges from 40 to 60 cents under the March futures contract. The corn basis ranges from 53 to 65…