Looks like China Bought Beans
JDpastor
Posted 10/30/2025 10:18 (#11418380 - in reply to #11417115)
Subject: RE: Looks like China Bought Beans



Distance Runner - 10/29/2025 10:25

Usedtofarm - 10/29/2025 09:07

Soybean Basis improved by $.40 in NE ND, from -$1.40 to -$1.00.


And widened this week in Worthing SD from .82 to 1.02. Guess CHS wanted to capture some of the recent rally for themselves. Seems like for every winner there's a loser.

,
When I drove by there, I noticed their outside soybean bunker was full. I'm guessing they are limited on space for beans now so widening the basis. Further, they want to focus on taking corn, not beans. The corn bunker is full too and it looks like all the trucks are now dumping in the new facility.

Edited by JDpastor 10/30/2025 10:19
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