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Senior Advisor
ECIN
Posts: 2,064
Registered: ‎10-17-2012
0

Re: Basis Levels/ What are they in your area?

[ Edited ]

Morristown Grain ( Bunge ) CK + .30 = 7.23

 

Cardinal Ethanol -- CK + .50 = 7.45

 

Bunge Bean plant --- SK + .35 --- was 40 yesterday -- = 14.72

Esteemed Advisor
Hobbyfarmer
Posts: 4,029
Registered: ‎01-10-2012
0

Re: Basis Levels/ What are they in your area?

[ Edited ]

Local Corn just went to the May contract yesterday after the close and is +37

Beans at the same 8 mile away place is -15

 

sc iowa

60% of the time, it works every time.

"Political correctness is a doctrine, fostered by a delusional, illogical minority, and promoted by mainstream media, which holds forth the proposition that it is entirely possible to pick up a piece of dung by the clean end."
Senior Contributor
Silverwheaton
Posts: 180
Registered: ‎12-04-2010
0

Re: Basis Levels/ What are they in your area?

Feed mill west central ohio +.48

 

 

Frequent Contributor
colorofmoney
Posts: 56
Registered: ‎04-30-2012
0

Re: Basis Levels/ What are they in your area?

Corn Local Ethanol +19 Local Feed Mill +31 both March, Most May +3 to +17

 

Bean Plant +20 most others -3 to -20

 

http://www.carlsfarmstore.com/markets/index.htm

Click on left side Cash Grain Bids,  Pdf with 38 local bids from yesterday

Extreme SWMN
Senior Contributor
rswfarms
Posts: 1,377
Registered: ‎12-17-2012
0

Re: Basis Levels/ What are they in your area?

+48 at the Feed Mill, pretty darn good. At a local 100 Million gallon jobber in Northern Iowa we are currently at 45 cents over Chicago for the first 1/2 of March. Wonder what it will take for the guys to open up there TIN CANS to the Ethanol Plants? Any Guess's?

Veteran Advisor
Shaggy98
Posts: 4,142
Registered: ‎06-19-2011
0

Re: Basis Levels/ What are they in your area?

[ Edited ]
Wheat -41
Corn +20
Soybeans -57
Senior Contributor
rswfarms
Posts: 1,377
Registered: ‎12-17-2012
0

Re: Basis Levels/ What are they in your area?//Other GUYS/Shaggy98

Shaggy98 and all the other guys- thanks for the basis reports!!! I appreciate them BIG-TIME and feel they will be useful to us. It will allow us to help guage basis levels across the cornbelt states I believe.