Articles tagged under: wheat
Regional Basis Levels Vary in Northern Plains
Published June 6, 2021
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…Farmers Evaluate Wind Damage in Fields
Published May 27, 2021
North Dakota farmers are evaluating their crop, looking for possible damage from the windy conditions. Lovas Ag Consulting agronomist Sarah Lovas said there were farmers out trying to row crop cultivate near Hillsboro, North Dakota. Soybeans are at a critical…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…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,…A Look at the Latest U.S. New Crop Balance Sheet
Published May 12, 2021
The May USDA report numbers were mostly neutral to the grain trade. In terms of the new crop balance sheet, U.S. corn production is forecast at almost 15 billion bushels, slightly higher than last year. U.S. soybean production is forecast…WestBred Wheat Report
Published May 10, 2021
Whether you're dealing with dry or normal conditions, fertility deserves attention. WestBred technical product manager Grant Mehring offers recommendations in this week's WestBred Wheat Report.Grain Market Surprised at Higher Ending Stock Estimates
Published May 7, 2021
Pre-report estimates for the May USDA Supply and Demand report have ending stocks higher than where current commodity prices would indicate. "I don't know if the trade is looking at that specifically, but I think the numbers coming in at…A Wide-Window of Planting in the Northern Plains
Published May 7, 2021
The a wide-window of planting right now across the Northern Plains. "There's corn in the ground, soybeans going in or people waiting to plant soybeans. Some wheat is seeded and others are still planting," said Jason Hanson, agronomist, Rock n'…Basis Bids Remain Strong in the Northern Plains
Published May 5, 2021
Basis bids at the six regional grain elevators followed by the Red River Farm Network are mostly unchanged from last week. Spring wheat basis generally runs 30 to 60 cents under the July futures for May through July delivery. Corn…