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Hobbyfarmer
Honored Advisor

Basis map (corn)


Better basis to the east is getting closer

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4 Replies
sw363535
Honored Advisor

Re: Basis map (corn)

map SCREAMS...........Do not plant corn, we don't want it.

 

 

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Hobbyfarmer
Honored Advisor

Re: Basis map (corn)

Two things...

 

1) Bean and wheat maps have the same message..

 

2) the old saying: location, location, location....

 

Camilla, Georgia, corn price...

 

 

Corn

Month Bid Basis Futures Futures
Month
Price
Change
JFM 2017 $4.43 $0.85 $3.5800 H17 ($0.0325)
April / May 2017 $4.45 $0.80 $3.6475 K17 ($0.0275)
June 2017 $4.47 $0.75 $3.7150 N17 ($0.0275)
July 2017 $4.47 $0.75 $3.7150 N17 ($0.0275)
August 2017 $4.38 $0.60 $3.7775 U17 ($0.0300)
September 2017 $4.38 $0.60 $3.7775 U17 ($0.0300)
Oct / Nov 2017 $4.46 $0.60 $3.8550 Z17 ($0.0300)
December 2017 $4.54 $0.60 $3.9400 H18 ($0.0300)
JFM 2018 $4.54 $0.60 $3.9400 H18 ($0.0300)
April / May 2018 $4.60 $0.60 $3.9950 K18 ($0.0275)
June / July 2018 $4.64 $0.60 $4.0375 N18 ($0.0275)
August / Sept 2018 $4.59 $0.60 $3.9925 U18 ($0.0250)
Oct / Nov 2018 $4.60 $0.60 $4.0025 Z18 ($0.0225)
December 2018 $4.60 $0.60 $4.0025 Z18 ($0.0225)

Price as of 01-07-2017 8:41 AM Central Time. Refresh for current price

 

 

JBS LIVE PORK LLC in LONDON, AR
Commodity Delivery Cash Date
Corn Jan 3.98 Jan 6 17
Corn Mar 3.98 Jan 6 17
 
 

 

 

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clayton58
Veteran Advisor

Re: Basis map (corn)

SW what is truck freight from sw KS to NW Arkansas?  Maybe back haul some lime from eastern KS.  Yes lime, who woulda thought but I have some fields with ph readings in the  5.5  area.Wish there was a closer lime source.

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sw363535
Honored Advisor

Re: Basis map (corn)

clayton58 ......... guessing a little  .... we backhaul wichita from Liberal for 30-32 cents....Catoosa to barge guessing 45 cents with a backhaul of dry fertilizer.  You would be closer so your trip to arkansas might be in the 50-60 cents range for the beans ans something for the fertilizer.

 

Volatility is weeding out players in all segments of ag...  Fewer buyers, fewer feeders, fewer farmers, fewer processors, and fewer elevators....

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