Basis Prices

Will 2026 be a repeat of 2016? Chris Barron, Ag View Solutions, shares four strategies to help farmers capture some profit in this down cycle.
The impact of disease and dry conditions are becoming increasingly evident as combines roll. More than 70% of farmers report steady or lower yields in Ohio, Indiana, Illinois, Iowa, Minnesota, Nebraska and South Dakota.
With $8 cash soybean bids in the Dakotas and Minnesota, and no bids for fall in a few markets, farmers might need to break the norm and store soybeans.
In times of chaos, it’s best to go back to the basics of basis and price. Effective risk management has little room for mistakes, but that doesn’t mean it has to be perfect.
Jon Scheve discusses how he made an additional 70 cents this year using his on farm storage.
Jon Scheve explains how he got nearly $6 for his entire 2023 corn crop by using storage to maximize basis opportunities and taking advantage of market carry.
Jon Scheve explains how “free” storage programs are NOT actually free and hurt all farmers.
Jon Scheve explains how farmers LOSE money with “free” storage or DP (delayed pricing) offerings and urges farmers to stop using them.
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