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Honored Advisor

Re: Talk in the sw........

Historically many units have left the unit loader in Creston Iowa for Hereford, Tx.

Right now their bid is 9¢ UNDER the local feed mill and eplant..

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Honored Advisor

Re: Talk in the sw........

Corn Local elevator now here is 15 cents under the eplant.       Basis at elevator is +10  Corn

Across the oklahoma line elevator basis is +15

soybean basis is okla....... -1.30     Kansas side -$1.20   Cargill Wichita    basis -0.55  

 

 

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Senior Advisor

Re: Talk in the sw........

Interesting.  Our local coop corn is -30 and beans -70.

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Honored Advisor

Re: Talk in the sw........

wcmo,   Wichita cargill is our only bean market direct or local elevator, it is the only for both....

Elevators have been far worse for bean basis but got better closer to harvest.....

Cargill will undercut the elevators -1.20 by sending trucks direct to our farm storage and Pay -0.85  or pay us -0.55 delivered the 200 miles.   (They have trucks stuck out here delivering bean meal)  (Elevator gets a $0.35 in and out charge I guess)

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