Tight Basis Across the Midwest

Basis levels appear to be tighter than normal across most of the Midwest. That is quite unusual for this time of year. It would not be surprising to see this continue until traders are convinced the US has produced a large crop.

Get our daily in-depth analysis delivered directly to your inbox by 5:30 AM CST each morning, along with other services created specifically for farmers, when you become a Kluis Commodity Advisors client. Try our Kluis Commodity Advisors 30-day free trial to test it out.