Articles tagged under: Basis

Ethanol Basis is Strong in the Region

Published October 23, 2019

Basis levels for immediate delivery at area ethanol plants are very strong. Blue Flint Energy at Underwood, North Dakota is bidding 10 cents over the December futures for corn delivered by October 25. Green Plains Energy at Fergus Falls, Minnesota…

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Capture Basis Opportunities If Possible

Published October 23, 2019

A lack of corn and soybeans to fill grain cars is strengthening basis at local elevators. It’s still challenging to get the crop harvested across much of the region. Northland Community and Technical College Farm Business Management Instructor Betsy Jensen…

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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,…

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What’s Hot, What’s Not in the Markets

Published October 7, 2019

Harvest progress is at a standstill, but the basis levels are on fire. Find out more in the latest edition of What's Hot, What's Not in the Markets with Tommy Grisafi from Advance Trading.

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Basis Firms for Spring Wheat with Good Protein

Published October 2, 2019

Spring wheat basis levels at the six grain elevators followed by the Red River Farm Network firmed by 10 to 20 cents for 13 protein or better in the past week. Basis levels for feed wheat were added to their…

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Strong Basis Confirmed in Stocks Report

Published October 1, 2019

Advance Trading Ag Risk Management Advisor Tommy Grisafi says Monday's Quarterly Stocks Report confirmed the very strong corn basis levels. "Basis doesn't lie. The basis is where you get final price and it's been on fire all over the country,…

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Unchanged Basis Bids at Regional Grain Elevators

Published July 31, 2019

Spring Wheat basis bids at the six regional grain elevators followed by the Red River Farm Network is mostly unchanged from one week ago. The spring wheat basis at Southwest Grain at New Salem, North Dakota narrowed by one penny.…

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End-Users May Want to Put a Lid on Costs

Published July 18, 2019

While the futures market has paid very little attention to planting delays and the lack of crop maturity, Kerns and Associates economist Dr. Steve Meyer says the story is with the basis. "There are places in the Eastern Corn Belt…

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End-Users Paying Above Posted Basis in ECB

Published July 10, 2019

Producer selling remains slow, which is pushing the corn basis levels higher. In the Eastern Cornbelt, spot corn basis levels are being posted as much as a plus-65 cents. "Of course the story is that there is a posted basis…

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Regional Basis Notes Few Changes

Published June 19, 2019

Cash basis bids at the six grain elevators followed by the Red River Farm Network saw few changes in the past week. Spring wheat basis at Ulen and Warren, Minnesota widened 10 to 15 cents. The corn basis was mixed,…

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