Articles tagged under: Basis

Corn Basis Strengthens Across Northern Plains

Published April 30, 2021

Corn basis bids at the six regional grain elevators followed by the Red River Farm Network continue to strengthen. Corn basis at New Salem, North Dakota for May delivery moved from 35 cents under the May, to par with the…

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Ethanol Plant Basis Levels Remain Strong

Published April 22, 2021

Basis levels at ethanol plants across the Northern Plains remain strong. Green Plains Energy – Ottertail at Fergus Falls, Minnesota is five cents over the May futures for April and May delivery. Hankinson Renewable Energy at Hankinson, North Dakota is…

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Take Advantage of Good Basis Levels

Published April 19, 2021

Corn and soybean prices are supported by good demand. Progressive Ag Marketing market analyst Brian Strommen encourages farmers to take advantage of the strong basis levels. "Selling the cash if you have that offer on the table and if you're…

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Capture Basis Opportunities

Published April 17, 2021

Basis levels across the Northern Plains are unusually firm. Kluis Commodities market analyst Jacob Burks suggests putting offers in above the market to capture the quickly changing basis. "If you have corn in the grain bin, you're in control right…

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Corn Basis Strengthens As Supplies Tighten in Northern Plains

Published April 16, 2021

Basis levels for nearby corn delivery are strengthening as corn supplies tighten. Van Ahn and Company market analyst Kristi Van Ahn says the PNW market is forcing ethanol plants to compete for corn. "We used to see ethanol plants be…

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Smaller Supplies, Steady Demand Strengthens SD Soybean Basis

Published April 9, 2021

Soybean basis at Agtegra in northern South Dakota is at par with the futures contracts for April, May and June delivery. BOLT Marketing market analyst DuWayne Bosse says a combination of prevent plant acres and the AGP crush plant depleted…

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Basis Bids Steady to Par Across Northern Plains

Published April 9, 2021

Spring wheat basis bid at the six regional grain elevators followed by the Red River Farm Network are mostly steady, ranging from 35 to 65 cents under the May contract. Corn basis levels are mostly unchanged from last week at…

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Wheat and Corn Basis Widens in Northern Plains

Published February 11, 2021

Basis bids at the six regional grain elevators followed by the Red River Farm Network had few minor changes compared to the previous week. Wheat basis firmed by five cents at Minot, North Dakota and widened by seven cents at…

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Regional Basis Bids Mostly Unchanged from Previous Week

Published January 28, 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 ranges from 25 to 70 cents under the March futures contract. Corn basis ranges from 25…

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Northern Plains Corn Basis Bids Improve Slightly

Published January 21, 2021

Basis bids at the six regional grain elevators followed by the Red River Farm Network are unchanged for spring wheat. Spring wheat basis bids range from 35 to 70 cents under the March contract. Corn basis improved by five cents…

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