# Ethanol Plant Basis Levels Remain Strong | Red River Farm Network

> Ethanol plant basis bids across the Northern Plains remain firm in late April 2021. Plants at Fergus Falls, Hankinson, Casselton and Groton are bidding at or above May, July and September futures for April through September delivery.

- Date: 2021-04-22 · published 2021-04-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47598-ethanol-plant-basis-levels-remain-strong-red-river-farm-network
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong ethanol basis signals firm local cash corn demand from plants, supporting corn prices in the Northern Plains.

## Read by commodity

- CORN: bullish ▲

## Sources

- rrfn.com: https://www.rrfn.com/2021/04/22/ethanol-plant-basis-levels-remain-strong/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.