How far are you willing to travel for a better basis market ,and still make it more profitable?

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We haul our soybeans out of the bin 120 miles round trip corn is about 50 mile round trip.

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We’ll travel up to 100 miles round trip. Usually we can find better basis for corn & milo east or south into KS. Farther than that and we’ll look into hiring it done.

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We will haul beans up to 150 miles. Corn around 50 miles

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Distance don’t matter all about end profit.  If to far can always hire trucks.

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We haul 135 miles 1 way and haul fertilizer back. Compared to local prices usually gain 3500.00 per load. Fertilizer here is a ripoff   central mo.

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For corn, local basis here is even to .10 over. I can go 60 miles to get +.75, and I sometimes have a non GMO feed mill that is 107 miles away that I sell to. Its usually +1.00 CBOT. With the amount of traffic here, we can only run 2 loads per day per truck. I figure I spend .18/bushel operating cost to send grain that far away. It's well worth it but we have a unique corn market here with all the chicken growers. For beans, they all go to Perdue eventually, so all buyers are about the same. I have yet to find a delivered basis better than (.70) in less than 150 mile radius, so I dont store beans. I sell all out of the field, try to book a good price based on the year prior futures. Most of mine are sold before I get the seed.

USA

Call (844) 200-FARM

How far are you willing to travel for a better basis market ,and still make it more profitable?

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