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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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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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Re: Basis Levels/ What are they in your area?
Feed mill west central ohio +.48
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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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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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Re: Basis Levels/ What are they in your area?
Corn +20
Soybeans -57
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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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