PLEASE NOTE: BASIS LEVELS ARE TAKEN FOR VARIOUS BUYERS IN EACH NOTED REGION AND ARE LISTED AS "RANGES" AND ARE ROUNDED TO THE NEAREST NICKEL.
OLD CROP CORN BASIS AT THE RIVER HAS FIMRED A BIT OVER THE PAST WEEK, AND NEW CROP HAS REMAINED FAIRLY STEADY OVER THE PAST MONTH. HARVEST BASIS/FUTURES VS THE SEP STILL OFFER THE BEST NUMBER FROM WHAT I CAN SEE. INTEREST ON MONEY MAY ALSO INFLUENCE STORAGE DECISIONS THIS YEAR. OLD CROP BEAN BASIS IS STEADY TO A TOUCH HIGHER. BUYERS ARE WORKING TO CLEAN OUT OF OLD CROP, IF THEY HAVEN'T ALREADY. NEW CROP BEAN BASIS STILL LOOKS ATTRACTIVE, BUT IS ABOUT A DIME OFF OF WHERE IT WAS A MONTH AGO.
CONTACT MCM DIRECTLY. DETAILED INFORMATION ONLY AVAILABLE TO CLIENTS.
CONTACT MCM DIRECTLY. DETAILED INFORMATION ONLY AVAILABLE TO CLIENTS.
DISCLAIMER: BASIS RANGES ARE TAKEN FROM VARIOUS BUYERS AND ARE ROUNDED "INDICATIONS". THE INFORMATION POSTED ABOVE IS PULLED FROM PUBLIC SOURCE AND IS BELIEVED TO BE ACCURATE BUT IS NOT GUARANTEED. PLEASE CONTACT DIRECTLY FOR MORE DETAILS.