Articles tagged under: Basis
No Delayed Pricing
Published October 13, 2022
Kristi Van Ahn, market analyst, Van Ahn and Company, is seeing a few grain elevators in the Alexandria, Minnesota area go to a cash-only bid for soybeans. "If you're bringing in soybeans that are not contracted, they're being forced to…Limited Barge Movement Raises Shipping Rates and Widens Basis
Published October 12, 2022
Water levels on the lower Mississippi River remain low, limiting channel depth and width restrictions. That’s causing shipping rates to increase and basis levels to widen along river terminals. According to the Soy Transportation Coalition, shipping a ton of soybeans…Mississippi River Slowdown Not Having Big Impact on Local Basis Yet
Published October 5, 2022
Widening basis at the Mississippi River has not made a big impact on basis for the six grain elevators followed by the Red River Farm Network yet. Spring wheat basis is mostly unchanged from last week ranging from 50 to…Seasonal Basis Bids Continue
Published September 23, 2022
Basis bids at the six regional grain elevators followed by the Red River Farm Network are reflecting seasonal harvest bids. Spring wheat bids range from 50 to 98 cents under the December Minneapolis futures contract. Corn basis ranges from 30…Slow and Steady Wins the Race
Published September 13, 2022
Grain market volatility can be paralyzing at times. Northland Community and Technical College Farm Business Management Instructor Betsy Jensen says slow and steady wins the race. "Farmers have to keep making the sales, accepting they won't be selling at the…Regional Basis Bids Mostly Unchanged
Published July 28, 2022
Basis bids at the six regional grain elevators followed by the Red River Farm Network for spring wheat, corn and soybeans are mostly unchanged from two weeks ago. Spring wheat basis bids range from 30 to 80 cents under the…Regional Basis Levels Mostly Unchanged
Published July 6, 2022
Cash grain bids at the six regional grain elevators followed by the Red River Farm Network are mostly unchanged for spring wheat. New crop basis ranges from 50 to 80 cents under the September Minneapolis futures. Corn basis ranges from…Tight Supplies
Published June 10, 2022
The grain trade continues to be driven by cash demand. "Ethanol margins are trading at healthy values and so are soybean crush margins," says Britt O'Connell, market analyst, Ever.Ag. "As we talk with buyers, they indicate they are having a…Basis Begins to Narrow
Published December 16, 2021
Basis is starting to narrow at certain levels in parts of the Northern Plains. "The only concern I've been seeing on the radar is that railcars have been getting more expensive," says Kristi Van Ahn, market analyst, Van Ahn and…