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basis

Corn Basis May Have Further to Fall: What Harvest Means for Grain Prices

Harvest is putting pressure on corn and soybean basis across the Eastern Corn Belt, but the regional picture is far from uniform. This AgBrief looks at what production, harvest timing and local demand are telling us about where basis could go next.

September 2026 Basis Update: The Harvest Dip

Harvest is putting pressure on corn and soybean basis across the Eastern Corn Belt, but regional patterns vary. Here’s where basis is strongest and weakest, what may be driving those differences, and what to watch as harvest progresses.

August brings late-summer weakening while Iowa soybean basis surges

Corn basis has weakened across much of the Eastern Corn Belt since late July, while soybean basis has taken a very different path. The biggest surprise? Iowa, where soybean basis strengthened sharply despite seasonal trends that pointed toward weakening.

July Crop Basis Update: Strengthening Continues, But Seasonal Decreases Loom

Corn and soybean basis continued strengthening across much of the Eastern Corn Belt through mid-July, although some local markets have already begun to soften. See where basis is strongest, where it’s weakening, and what seasonal trends suggest for the weeks ahead.

Corn Basis Is Doing Something Unusual This Summer

Corn and soybean basis strengthened across much of the Eastern Corn Belt over the past month — a surprising shift from the typical seasonal pattern of basis weakening heading into June. Josh Strine breaks down the latest corn and soybean basis trends, how current basis levels compare with historical averages, and what strengthening basis could mean for grain marketing decisions heading into July.

June Crop Basis Update: Region-Wide Strengthening Continues

Corn and soybean basis strengthened broadly across the Eastern Corn Belt over the past month, breaking from typical seasonal trends. Indiana and Ohio continue to show some of the strongest basis levels in the region, while recent gains in Iowa have narrowed historical gaps. Use the Purdue Crop Basis Tool to monitor local opportunities as summer marketing decisions approach.

Basis Gains Slow as Historically Suggested Volatility Looms

Corn and soybean basis strengthened across much of the Eastern Corn Belt through late April and early May, though gains slowed significantly in recent weeks. Purdue’s May 2026 Basis Update examines regional basis differences, historical trends, and what producers may expect as volatility potentially increases heading into June.

Corn & Soybean Grain Markets: Basis Is Shifting Across Cash Markets

Corn and soybean basis strengthened across the Eastern Corn Belt in April, with gains exceeding historical trends in several regions. However, persistent regional differences remain, particularly between stronger Ohio basis levels and weaker Iowa conditions. These shifts—especially along the Ohio River—highlight changing cash market signals heading into May.

Broad Strengthening Across the Eastern Corn Belt

Corn and soybean basis strengthened faster than expected across the Eastern Corn Belt, with Ohio and Indiana showing standout gains. Historical trends suggest volatility ahead—making it critical for producers to monitor local basis closely.

Indiana and Ohio Set the Benchmark for Soybean and Corn Basis, Respectively

Corn basis across the Eastern Corn Belt has remained relatively stable compared to last month, but regional differences remain significant. Ohio currently sets the benchmark for corn basis, with positive levels in parts of the state, while Iowa continues to post the weakest levels. Soybean basis has been more volatile, with strengthening through late February followed by recent declines across most districts. Indiana continues to lead the region with the strongest soybean basis levels. While historical patterns suggest basis should strengthen into spring, recent week-to-week volatility highlights the importance of monitoring local markets closely. Producers can track conditions using Purdue’s Crop Basis Tool.