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SE MT | Edited: Sorry, can't get the bold print to go away.
Gavilon has a real nice website http://www.gavilon.com/locations#cashbids for Cash bids. They do not have it for my closest elevator Billings MT. They had 82 elevators listed. But had fun comparing basis and new crop vs. old crop spreads.
I used Creston Iowa for example (see below, copy & paste). $2. 30 spread from old crop to new crop! Holding old crop corn past March 13' does not pay currently, only 3 cent reward for waiting till July cash bid.
I think basis contracts might be the way to go if you are not yet content with todays prices. I'm still stumped on how to deal with next years crop.... Same issues on old vs.new wheats, sold some old crop DNS on a basis contract last week, yet to lock the futures board.
I guess we will all know the answers a year from now... For now I guess we just let Fry, Cupps bros, Clicker, Garvo, and the rest of the "Good ol' boys" keep us entertained and keep our sanity.....
Does anyone have other websites that conveniently show basis and cash bids??
http://www.gavilon.com/locations#cashbids
Gavilon Grain - CrestonDownload our Cash Bid AppStay up-to-date with daily pricing on the go.  Cash Bid InformationPlease refresh this page to see the most recent data (information below will not update automatically). Futures prices are delayed by ten minutes. All cash bids are subject to change without notice. Call the facility to confirm current prices. Gavilon Grain - CrestonCash bids for Friday, March 22, 2013, at 3:15 PM (CDT). YELLOW CORN |
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Delivery | Bid | Basis | Futures | Change | Futures Month | Last Trade* |
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Mar 2013 | 7.59 | 0.33 | 7.2625 | -6.75 | May 13 Corn (E) | 02:00 PM | Apr 2013 | 7.60 | 0.34 | 7.2625 | -6.75 | May 13 Corn (E) | 02:00 PM | May 2012 | 7.64 | 0.38 | 7.2625 | -6.75 | May 13 Corn (E) | 02:00 PM | June 2013 | 7.62 | 0.53 | 7.0850 | -8.75 | Jul 13 Corn (E) | 02:00 PM | July 2013 | 7.62 | 0.53 | 7.0850 | -8.75 | Jul 13 Corn (E) | 02:00 PM | New Crop 13 | 5.30 | -0.35 | 5.6525 | -3.25 | Dec 13 Corn (E) | 02:00 PM | YELLOW SOYBEANS |
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Delivery | Bid | Basis | Futures | Change | Futures Month | Last Trade* |
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LH Mar 2013 | 14.46 | 0.05 | 14.4050 | -8.50 | May 13 Soybeans (E) | 02:00 PM | Apr 2013 | 14.41 | 0.00 | 14.4050 | -8.50 | May 13 Soybeans (E) | 02:00 PM | May 2013 | 14.41 | 0.00 | 14.4050 | -8.50 | May 13 Soybeans (E) | 02:00 PM | New Crop 13 | 11.99 | -0.65 | 12.6375 | -11.50 | Nov 13 Soybeans (E) | 02:00 PM |
Edited by coochief 3/22/2013 16:45
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