Business
What are you guys seeing for old crop basis ,I have been watching way too far for us to haul either crops...I am seeing a basis level of. 40 cents to almost a Dollar over our local market. West Central Wisconsin. Please comment. Thanks much. And what do you think of this crazy market????
4
It varies greatly across the country here in southwest Kansas we are $1.35 over
South Eastern South Dakota here. We just got up to .71 over on corn and .38 under on soybeans.
Here in Maryland, we have 1 grainery paying .90 over for July
Current rate here in Central IL at the local elevator is basis of 20 cents for corn and 8 cents for soybeans.
Of course processors have to pay shipping to them from "market" so they pay over market price for your delivery.