Articles tagged under: regional basis

Harvest Pressure Reflected in Spring Wheat Basis

Published August 23, 2022

CHS Sun Prairie in Minot, Finley Farmers Elevator and CHS Southwest Grain at New Salem, North Dakota remain unchanged from the previous week with basis ranging from 65 to 85 cents under the September Minneapolis futures contract. Agtegra at Grebnor,…

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Minor Spring Wheat Basis Updates Seen in Northern Plains

Published July 18, 2021

Basis bids at the six regional grain elevators followed by the Red River Farm Network had minor changes in the spring wheat basis. Basis bids range from 10 cents to 55 cents under the September futures contract. Corn basis is…

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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…

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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…

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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,…

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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…

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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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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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Northern Plains Basis Levels Stronger at Year End

Published December 30, 2020

Basis levels at the six regional grain elevators followed by the Red River Farm Network remain mostly unchanged from the previous week. Soybean basis remains 40 to 80 cents under the March futures contract. Corn basis levels is 25 to…

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