Corn basis: Basis bids around Decatur, IL were considerably higher during the April reconciliation period, compared to March 2023 and April 2022. Corn gluten meal and feed: Corn gluten meal and feed prices continue to decline, both seasonally and year over year. April CG [...]
Corn basis: The average of Central Illinois basis bids for the August net corn cost reconciliation period was around +63, compared to +105 on average in August 2021. Bids as of mid-August had retreated from the very high values seen in early July, but bids [...]
Corn had a shorter week of trading due to the Memorial Day holiday on Monday, but futures saw a modest rally from $3.16 to $3.25 per bushel in four days. The biggest jump was Thursday, when futures closed 7 cents higher at $3.2750, before [...]
