Grain TV: Basis Levels Increase Particularly in NW
Mostly negative day for grains in futures, while basis levels increased for corn and soybeans across the country, particularly in the northwest. Basis levels are expected to continue to rise in coming weeks.
U.S. Wheat Associates (USW) and the National Association of Wheat Growers (NAWG) recognize that President Trump’s executive order to withdraw the United States from the Trans-Pacific Partnership (TPP) was inevitable.