KSU Grain Basis Trends & Market Update for Sept. 7, 2012

KSU Grain Market analysis for September 7, 2012.  Note the recent weakening of Feedgrain & Wheat basis trends in some key western Western Kansas locations (Scott City & Garden City).  Last week’s basis drops for corn and grain sorghum may be largely due to rolling out of the September CBOT corn contract to the December.  For wheat however, cash prices have moved sideways to lower while futures have moved higher since the September – December KCBT wheat contract rollover began.



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