GraInformant

Grain Basis and other Ag data - use the website to find our basis indices

[GraInformant @GraInformant]

🚨GraInformant Update🚨

The website is now live

The GraInformant site allows you to check Soybean/Corn processor basis levels quickly and for free

You can access the site by just looking up grainformant, and if our X profile shows up first just include a .com at the end - the link also is in our profile

It has not yet been optimized for mobile viewing so I would suggest checking on a computer when you get a chance.

There is still much to be added, this is a large work in progress, but I wanted to get this functionality out to the public in the effort to save some time for those who check these levels daily.

Please reach out with any comments or ideas you would like to see implemented. I am very excited to get this out to everyone and hope you all enjoy it.

If it useful for you, please consider sharing the site to others in the industry!

Thank you everyone!

#basis #ag #grain

[GraInformant @GraInformant]

Large Wheat unloads on the Miss River today - seems like harvest is getting underway.

J/J SRW CIF mkt has also tightened up - was 55/80 for a while but offer has come down, now 55/65

[GraInformant @GraInformant]

@OGTCHedger West Texas?

[GraInformant @GraInformant]

For the first time in a while we saw Zone 3 corn basis increase on the IL River.

Freight has been weaker, and CIF lower as well, but when those river basis levels increase, spreads typically start doing some work.

We will wait to see if basis strength continues

[GraInformant @GraInformant]

@jin_zhuliu Of course

[GraInformant @GraInformant]

🫛Soybean Processor Bids - 6/3

An expected jump in basis values today, processing margins continue to increase as Ags stop following crude

Eastern Plants
> Cargill - Bloomington: 20 (+5)
> Bunge - Decatur: 20 (+5)

Western Plants
> Cargill - Cedar Rapids East: 0 (+20)
> Norfolk Crush: 0 (+10)
> AGP - Sheldon: -60 (+10)
> AGP - Manning: -35 (+10)
> NDSP - North Dakota Soybean Processors Llc: -33 (+7)
> ADM - Mankato: -20 (+5)
> Cargill - Kansas City: 25 (+5)
> AGP - St. Joseph: -15 (+5)

#basis #ag #soybean

[GraInformant @GraInformant]

Ethanol Processor Bids - 6/3

A bit more strength today

Eastern Plants
> POET - Marion: 45 (+5)

Western Plants
> KAAPA - Ravenna: -10 (+3)
> KAAPA - Minden: -20 (+3)
> POET - Corning: -16 (+2)
> POET - Big Stone City: -55 (+2)

#basis #ag #corn

[GraInformant @GraInformant]

Expecting more basis strength from bean and corn processor, oil prices continue to rise as ags fall down - better and better margins

#basis #ag #soybean #corn

[GraInformant @GraInformant]

That is a good point, I’d not thought abt tht view.

One thing tht I’ve been a bit interested in is the actual basis levels being offered - these record crush levels are not leading to great basis. Across most of the states, processor basis has been weaker than values seen last 2 years.

Any thoughts as to why?

My guess is transportation costs

[GraInformant @GraInformant]

🫛Soybean Processor Bids - 6/2

More basis strength for Western Soybean Processors - farmers disengaged

Western Plants
> AGP - Sergeant Bluff: -35 (+10)
> Norfolk Crush: -10 (+10)
> AGP - Hastings, NE - Soy Plant: -50 (+10)
> ADM - Lincoln: -20 (+5)
> ADM - Spiritwood: -25 (+5)
> ADM - Fremont: -20 (+5)
> Bunge - Council Bluffs: -20 (+5)
> Bunge - Emporia: -5 (+5)
> MNSP - Brewster: -25 (+5)

#basis #ag #soybeans

[GraInformant @GraInformant]

@Grainmonster Good to know - what area are you in if you don’t mind me asking

[GraInformant @GraInformant]

Seems like there’s lots of disengaged farmers with this price movement. Seeing some strong basis movement last couple days

[GraInformant @GraInformant]

🌽Ethanol Processor Bids - 6/2

Basis strength for the ethanol processors as well

Eastern Plants
> POET - Portland: 30 (+5)
> POET - Leipsic: 28 (+3)
> GR. Plains - Madison: 20 (-3)

Western Plants
> KAAPA - Minden: -23 (+5)
> KAAPA - Ravenna: -13 (+5)
> POET - Macon: -21 (+4)

#basis #ag #corn

[GraInformant @GraInformant]

🌽Ethanol Processor Bids - 6/1

Seems like corn hasn’t been flowing given the drop in flat prices the last couple weeks. Haven’t seen a move in ethanol producer basis like this in over a month.

Eastern Plants
> POET - Fostoria: 35 (+5)
> POET - Marion: 40 (+5)
> POET - Portland: 25 (+5)
> United Energy Necedah: -32 (+2)

Western Plants
> POET - Corning: -18 (+4)
> ADM - Columbus: -10 (+3)
> POET - Laddonia: -12 (+3)
> POET - Mitchell: -63 (+3)
> GR. Plains - Otter Tail: -54 (+1)

#basis #ag #ethanol

[GraInformant @GraInformant]

@MisterCommodity Saw frt weaker today, June Il Il River trdd 560

[GraInformant @GraInformant]

Front month CIF weaker

seeing ppl spreading May V June this late into May as well

[GraInformant @GraInformant]

These wheat spreads are too wide

[GraInformant @GraInformant]

@EVB88888888 Enjoy hearing small things like this - thank you

[GraInformant @GraInformant]

@ckleene Fair, these values might not be competitive historically, but we haven’t had this large of a crop - too much corn

[GraInformant @GraInformant]

Ethanol Processor Bids - 5/27

The party continues to corn, more basis strength for ethanol plants as well

Eastern Plants
> POET - Fostoria: 30 (+5)
> GR. Plains - Obion: -25 (+3)

Western Plants
> ADM - Cedar Rapids: -17 (+3)
> ADM - Columbus: -19 (+3)
> KAAPA - Ravenna: -18 (-3)
> POET - Laddonia: -15 (+2)
> POET - Macon: -25 (+2)
> GR. Plains - Otter Tail: -55 (+2)

#basis #ag #corn

[GraInformant @GraInformant]

🫛Soybean Processor Bids - 5/27

Finally seeing some action in processor basis values for the near term, definitely goes against the coverage story that’s been playing out

Eastern Plants
> Inco - Incobrasa: 20 (+15)
> Cargill - Lafayette: 20 (+5)
> Cargill - Fayetteville2: 80 (+5)
> Bunge - Decatur: 15 (+5)
> Bunge - Bellevue: 10 (+5)
> Bunge - Delphos: 10 (+5)
> CGB - Mt Vernon: 30 (+3)

Western Plants
> Bunge - Council Bluffs: -25 (+10)
> Cargill - Kansas City: 15 (-5)
> AGP - Sergeant Bluff: -45 (+5)
> Shell Rock Soy: -30 (+5)

Forward months improved as well, the GraInformant National YSB Index for the next couple months -

May: -11 (+2)
June: -8 (+1)
July: -5 (+1)
Aug: +4 (+2)