wheat basis Archives - Country Guide

It was planned as a steady, gradual entry into commercial grain storage for Peter Archer. Then he saw the scale of the opportunity.

Built on the basis

For this farm, finding a way to participate in how local grain prices get calculated has opened the door for growth and success

By Amy Petherick January 19, 2016

Reading Time: 6 minutes Top marketers know that marketing isn’t only the act of selling, it’s the act of knowing. In particular, top farm marketers not only know their own strategies, strengths and needs, they also know how they can make them mesh with the strategies, strengths and needs of their customer, whether that’s an elevator down the road […] Read more

Cereals, Crops

What is wheat basis anyway?

By Amy Petherick January 19, 2016

Reading Time: 2 minutes Like a lever pulling open a chute, basis makes grain flow. Or it shuts it off. Grain buyers use basis to attract grain when they need it. If they offer a higher local cash price, they’re in fact offering a stronger basis than other buyers in the area. A weak basis means the cash price […] Read more

Crops, Markets, Spring Wheat

Wheat basis levels improve, futures stay bearish

By Jade Markus September 16, 2015

Reading Time: 2 minutes CNS Canada –– Canada’s spring wheat basis has hit fresh highs to spur producer selling, but overall the market remains bearish. “It does seem kind of counterintuitive to see cash prices strengthening right during harvest,” said Brenda Tjaden Lepp, co-founder of FarmLink Marketing Solutions in Winnipeg. Over the past week, quoted basis levels for Canada […] Read more

Cereals, Crops, Markets, Spring Wheat, Winter Wheat

U.S. wheat futures seen stalling

By Phil Franz-Warkentin July 3, 2015

Reading Time: < 1 minute CNS Canada –– U.S. wheat futures posted solid gains over the month of June but appear to be stalling out in the early days of July as the market looks for more fresh supportive news. “The bull needs to be fed every day, and right now it’s not getting anything to keep it going,” said […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie wheat bids rise with improving basis

By Terryn Shiells May 25, 2015

Reading Time: 3 minutes CNS Canada –– Cash bids for Canadian wheat were stronger during the week ended Friday, as basis levels improved. A firmer tone in U.S. wheat futures was also supportive. Average Canada Western Red Spring (CWRS) wheat prices were C$6-$12 per tonne higher, with bids ranging from about $204 per tonne in north-central Saskatchewan to $223 […] Read more

Errol Anderson, crop marketing strategist

Crops, Guide Business

Reading the basis

Of all the signals the market is always sending you, the clearest can be the basis. Here’s how to put that to better use in your farm’s 2015 marketing strategy

By Gord Gilmour March 4, 2015

Reading Time: 7 minutes If there’s a market signal farmers obsess over, it’s the basis. Not only can it make the difference between profitability and red ink, it’s also set by your local grain buyers, so theoretically it’s the signal you should hear the loudest. But is the basis really well understood? Is it ever entirely clear why it’s […] Read more

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Tag Archives wheat basis

Built on the basis

What is wheat basis anyway?

Wheat basis levels improve, futures stay bearish

U.S. wheat futures seen stalling

Prairie wheat bids rise with improving basis

Reading the basis

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