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Kansas State University published basis maps for soybeans, corn, wheat and grain sorghum based on weekly cash and futures prices collected across 500-1000 locations. The report shows current basis levels and deviations from three-year averages.
Basis levels show local cash-to-futures spreads, which affect what feed buyers pay at specific locations, but this report offers no new directional cause.
feedlotmagazine.comSource Kansas State University, Agricultural EconomicsOct 6, 2022Not 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.
