Wheat basis

[samhill]

In RR Valley south of me, basis on wheat .43.
Anyone else know basis in US?

[charliep]

The link below is for the Montana Wheat and Barley Committee. You can have a look at the historical cash and basis charts for different regions of Montana. Not so sure if a similar site is available for North Dakota.

[URL="http://wbc.agr.mt.gov/Producers/pricing_current.html"]montana grain prices[/URL]

To put into perspective, Hard Red Winter wheat 12 % protein (Great Falls) has been running about 40 cents/bu under KCBT. Dark North Spring wheat 14 % protein (equal to our 1/2 CWRS 13.5) has been running $1.60 to $1.80/bu over MGEX.

[TOM4CWB]

Samhill,

US wheat Associates has good port position information on basis... that you could back off to farm gate where you are interested:

http://www.uswheat.org/reports/prices/doc/2BA650142A280A02852578CE007559EA?OpenDocument#

There is an Adobe and XL spread sheet that open up into specific information that is done weekly in the 'Price Report' section of the site.

Cheers!

[Fransisco]

http://www.bertholdfarmers.com/index.cfm?show=11&mid=26

http://bottineaufarmers.com/index.cfm?show=11&mid=6&theLocation=1&cmid=19&layo ut=1

http://www.altonterminal.com/index.cfm?show=11&mid=3&theLocation=1&cmid=3&layou t=1

http://www.newcentag.com/index.cfm?show=11&mid=6

http://www.rugbyfarmers.com/index.cfm?show=11&mid=15

[samhill]

Thank you all for the comeback, good info.