Articles tagged under: regional basis
Regional Basis Bids Remain Mostly Unchanged
Published September 29, 2020
Basis bids at the six Northern Plains grain elevators followed by the Red River Farm Network remain unchanged for spring wheat for nearby delivery. Corn and soybean basis levels are also mostly unchanged from last week. Spring wheat basis for…Basis Widens Across Northern Plains
Published September 3, 2020
Cash grain bids at the six regional grain elevators followed by the Red River Farm Network widened as futures prices increased over the past week. This resulted in slightly higher spring wheat prices, lower corn prices and higher soybean prices.…Regional Basis Bids Remain Steady
Published August 19, 2020
Cash basis bids at the six regional grain elevators followed by the Red River Farm Network for nearby delivery remained fairly steady in the past two weeks of August. Spring wheat basis remains 20 to 80 cents under the September…Lightly Mixed Basis Bids Noted in Northern Plains
Published August 8, 2020
Basis bid at the six grain elevators followed by the Red River Farm Network were lightly mixed compared to one week ago. Spring wheat basis ranges 20 cents to 80 cents under the September futures, with cash bids ranging from…Regional Basis Bids are Mostly Unchanged
Published March 25, 2020
Spring wheat basis bids at the six regional grain elevators followed by the Red River Farm Network are mostly unchanged compared to one week ago. Basis bids in Finely, North Dakota and Warren, Minnesota improved by five cents. Those bids…A Swing in Local Corn Basis Noted
Published March 6, 2020
Compared to basis levels noted at the six regional grain elevators in mid-February, spring wheat basis has widened at five of the six elevators. Spring wheat basis ranges from 25 to 71 cents under the May futures contract. Corn basis…Regional Basis is Holding Steady
Published February 12, 2020
Cash grain basis bids at the six regional grain elevators followed by the Red River Farm Network haven’t changed much in the past month as futures prices chop sideways. Spring wheat basis bids range from 20 to 55 cents under…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…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,…