Basis | Red River Farm Network

Heitkamp Talks Trade, Basis at Big Iron

Published September 11, 2018

The Red River Farm Network kicked off its forum line-up at the Big Iron Farm Show with a discussion about trade, the farm bill and more. North Dakota Senator Heidi Heitkamp heard from farmers and ranchers in the crowd, who…

Basis Continues to Hamper Local Soybean Prices

Published September 5, 2018

A combination of harvest pressure and market uncertainty continue to impact basis, and current levels are signaling farmers to store grain. In northeast, North Dakota, Dahlen Farmers Elevator manager Mike Kratchovil says product has been hard to move. In addition,…

Crop Storage Challenges Ahead

Published August 30, 2018

Basis levels are signaling to farmers to store grain. The problem is there’s only so much storage capacity on the farm and farmers need to generate sales for cash flow. NDSU Extension Crops Marketing Economist Frayne Olson says this year, there…

Crops Bidding for Storage at Harvest

Published August 30, 2018

Diversified Services Senior Risk Analyst Rich Morrison is telling farmers to evaluate the return of storing this year’s crop. In fact, the crop is bidding for storage and soybeans are trying to win the battle. "We have to formulate a…

Basis Levels Not Considered in USDA Aid

Published August 24, 2018

During the townhall meeting with Commerce Secretary Wilbur Ross and USDA Deputy Secretary Steve Censky, North Dakota Agriculture Commissioner Doug Goehring expressed concerns with the Market Facilitation Program portion of USDA's Farmer Aid Package. Due to location, Goehring feels North…

Basis Improvement Not Expected Soon

Published August 3, 2018

Wide basis levels continue to hamper the cash grain markets. Cornbelt Marketing market analyst Sam Hudson is not expecting the basis to improve any time soon. "For corn and beans, it's just going to continue to be a problem. It's interesting,…

Basis Levels Poor Across the Region

Published August 3, 2018

Basis levels at various grain elevators continue to be poor. Wheat basis levels range from 40 under in Ulen, Minnesota to 80 under in Minot. Corn basis levels range from 45 to 60 under for old crop and 58 to…

Articles tagged under: Basis

Heitkamp Talks Trade, Basis at Big Iron

Basis Continues to Hamper Local Soybean Prices

Crop Storage Challenges Ahead

Crops Bidding for Storage at Harvest

Basis Levels Not Considered in USDA Aid

Basis Improvement Not Expected Soon

Basis Levels Poor Across the Region

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