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harvest

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.

November 2023 Corn & Soybean Basis Update

As the calendar turns to November, many farmers in the eastern Corn Belt still have corn left to harvest. According to USDA, 68% of corn in Indiana has been harvested as of November 5th. Wet corn in the primary culprit. As a result, many elevators are full and are at drying capacity.

Becoming a “Best in Class” Farm

Corn Belt agriculture is in the midst of transitioning from one of the most profitable periods on record to what could be an extended period of tight margins for most corn and soybean operations. Now that the 2015 planting season is drawing to a close, you should take time to reevaluate your farming operation and consider how you can make sure your farm is strategically positioned to be a “best in class” operation in the years ahead. Doing so will help ensure that your farm will thrive, not just survive, in an era of tight operating margins.

Corn Drying and Shrink Comparison

Iowa State University offers corn producers resources to help weigh potential delayed harvest and/or result in additional field losses due to drier stalks and ears against potential drying charges and/or discounts.

Comparison of Drying Systems

Use Iowa State University’s spreadsheet decision tool to compare total drying cost per bushel based on the type of drying system and price inputs.

Estimating the Cost for Drying Corn

The cost of drying corn grain will depend on the type and size of drying system utilized, the amount of moisture to be removed, the weather conditions during the drying period, and the current per unit costs for electricity and drying fuel.