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ECIN
Senior Advisor

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

Morristown Grain ( Bunge ) CK + .30 = 7.23

 

Cardinal Ethanol -- CK + .50 = 7.45

 

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

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Hobbyfarmer
Honored Advisor

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

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

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Silverwheaton
Senior Contributor

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

Feed mill west central ohio +.48

 

 

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colorofmoney
Frequent Contributor

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

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rswfarms
Senior Contributor

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?

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Shaggy98
Senior Advisor

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

Wheat -41
Corn +20
Soybeans -57
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rswfarms
Senior Contributor

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.

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