All Prices are in cents per bushel.
Corn basis levels are narrowly mixed, but slightly higher this week. Corn harvest is just getting started in southern Minnesota and South Dakota as farmers are concentrating on getting the soybeans harvested first. A killing freeze and another good week of drying should bring the moisture down rapidly. These changes reduced the difference between the two averages, fractionally, to 9.3 cents. Basis premiums at the Gulf lost ground again this week as harvesting activity and higher barge rates pressured basis levels.