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Kansas grain sorghum basis was far weaker than average in early April, with Salina at 85 cents under May corn futures, 76 cents below the five-year average. Corn basis was also weaker in Salina and Garden City, though Hays was stronger.
Weak sorghum and corn basis lowers local cash prices relative to futures, reducing storage and marketing returns for Kansas growers.
kfb.orgMark NelsonApr 3, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
