Posted 9/18/2014 21:15 (#4081463 - in reply to #4080993) Subject: RE: corn and bean basis breaking in Nebraska - new crop?
west central MN
Our basis in central MN actually seems to be getting better. There are 2 ethanol plants that were at about -60 last week and now they are -45 and -48. I think there is plenty of corn in the bins around here but with the good carry in the market and a late spring with a lot of bean acres and less corn I think a fair amount of 2013 corn will stay in the bin into 2015.