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Senior Contributor

Corn/Bean basis......What's the effect?

Im hearing that the basis in the north is absolutly horabale ...... Im woundering as to what effect this might have on planting ideas up there next spring..... Sure make it a lot less profitable with such wide basis..... p-oed

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Senior Contributor

Re: Corn/Bean basis......What's the effect?

What would you call horrible. -$.20 corn here in Ohio. -.30 for fall. Someone said $.70 in the east. That's positive seventy.
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Senior Contributor

Re: Corn/Bean basis......What's the effect?

Im hearing -$1.50 in ND....p-oed

 

PS....I should have said as to where the basis was bad....Sorry

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Senior Contributor

Re: Corn/Bean basis......What's the effect?

That is bad!!! And if I was up against something like that it would effect my planting decisions.
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Senior Contributor

Re: Corn/Bean basis......What's the effect?

Well the basis is wide for all crops here in se ND, -82 for corn and -1.03 for soys, so what choice is there other than to keep with your original plans of crop acreage

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Advisor

Re: Corn/Bean basis......What's the effect?

Wow!! Take it east ndf!! Basis ways better
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Veteran Contributor

Re: Corn/Bean basis......What's the effect?

Can't get rail cars hauling oil is much more lucrative.

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Senior Contributor

Re: Corn/Bean basis......What's the effect?

Corn -84 here soya -85 if only they could get that pipe buried solve a lot of logistical issues. Don't forget about all the coal that has to share the rail also.
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