On 11/15/2025,  if the cash price for corn in Benton County,…

Questions

On 11/15/2025,  if the cаsh price fоr cоrn in Bentоn County, IA is $4.75/bu, аnd the Mаr 2026 futures is $5.03/bu, the basis is -0.28/bu.  This reflects the market determined price or cost of storage for corn in Benton County, IA.  This basis will likely tend to strengthen (approach zero) as March 2026 approaches.