There is currently a wide spread of basis levels. Northern Iowa plants are paying a premium for nearby delivery as harvest has wrapped up and producers are holding their stored grain. Down south, in o...
We are seeing some harvest price pressure as this huge crop moves to town. Storage space may become an issue as farm bins fill and the balance heads to town. This past week we lost 11 cents on Decembe...
Basis levels are getting wider as farmers finish the bean harvest and put the corn heads on. Corn yields in most of our trade area are running well above average. For some it could be a once in a life...
Harvest pressure is starting to affect basis levels as more than ample supplies are available for purchase. Carry has returned to the market and after some inverse years this is very welcome. &n...