Basis › Kentucky
Kentucky cash basis today — AGSIST network elevators
Basis (cash − futures, $/bu) at the 9 Kentucky elevators in the AGSIST elevator network with a fresh bid, read directly from each elevator’s own bid board. This is a sample of Kentucky elevators, not all of them. Snapshot of Oct 6, 2026 8:10 AM CDT; page built Oct 6, 2026 10:51 AM CDT. Each elevator counts once per crop, at its nearest open delivery period.
Corn
Change since the Sep 29, 2026 7:59 AM CDT snapshot (about a week): +6¢ median change across 4 matched bids (3 up, 0 down).
Elevators whose nearest bid is priced against a different contract are kept out of the headline, because a basis against one month is not comparable with a basis against another:
- vs Mar ’27: median −$0.35, range −$0.65 to −$0.15, n = 3
Strongest basis (Dec ’26)
- WF Ware Company, Inc., WF Ware Company, Inc. — basis even, cash $5.01 (11/01/2026), as of Oct 6, 2026 8:01 AM CDT
- Townsend Grain Company, Winchester — basis −$0.20, cash $4.81 (Dec), as of Oct 6, 2026 8:01 AM CDT
- ADM, Ledbetter — basis −$0.34, cash $4.67 (October (2026-12)), as of Oct 6, 2026 8:01 AM CDT
Weakest basis (Dec ’26)
- ADM, Melbourne — basis −$0.57, cash $4.45 (Oct./Nov '26 (2026-12)), as of Oct 6, 2026 8:01 AM CDT
- ADM, Henderson — basis −$0.39, cash $4.62 (Oct./Nov '26 (2026-12)), as of Oct 6, 2026 7:51 AM CDT
- ADM, Paducah — basis −$0.34, cash $4.67 (October (2026-12)), as of Oct 6, 2026 8:01 AM CDT
Soybeans
Change since the Sep 29, 2026 7:59 AM CDT snapshot: — (fewer than 3 matched bids in both snapshots).
Elevators whose nearest bid is priced against a different contract are kept out of the headline, because a basis against one month is not comparable with a basis against another:
- vs Jan ’27: median −$0.45, range −$0.50 to −$0.40, n = 3
Strongest basis (Nov ’26)
- WF Ware Company, Inc., WF Ware Company, Inc. — basis even, cash $12.89 (11/01/2026), as of Oct 6, 2026 8:01 AM CDT
Weakest basis (Nov ’26)
- ADM, Melbourne — basis −$0.40, cash $12.49 (Oct/Nov '26 (2026-11)), as of Oct 6, 2026 8:01 AM CDT
Soft red winter wheat
Change since the Sep 29, 2026 7:59 AM CDT snapshot: — (fewer than 3 matched bids in both snapshots).
Elevators whose nearest bid is priced against a different contract are kept out of the headline, because a basis against one month is not comparable with a basis against another:
- vs Dec ’26: 1 elevator — too few for a median
- vs Jul ’27: 1 elevator — too few for a median
Strongest basis (Mar ’27)
- WF Ware Company, Inc., WF Ware Company, Inc. — basis even, cash $7.12 (01/01/2027), as of Oct 6, 2026 8:01 AM CDT
Weakest basis (Mar ’27)
- Hudson Grain Company, Franklin — basis −$0.80, cash $6.32 (January 2027), as of Oct 6, 2026 7:51 AM CDT
Every fresh network elevator in Kentucky
One row per elevator and crop (its nearest open delivery). The elevator name opens /cash-bids at that ZIP for every delivery month. Week-over-week compares each bid with the same elevator’s same delivery period and contract in the network snapshot of Sep 29, 2026 7:59 AM CDT; bids with no match show —.
| Elevator | Town | Commodity | Delivery | Contract | Basis | Cash | Basis chg (wk) | Price as of |
|---|---|---|---|---|---|---|---|---|
| Hudson Grain Company | Franklin | Corn Corn | January 2027 | Mar ’27 ZCH27 | −$0.35 | $4.81 | — | Oct 6, 2026 7:51 AM CDT |
| ADM | Henderson | Corn Corn | Oct./Nov '26 (2026-12) | Dec ’26 ZCZ26 | −$0.39 | $4.62 | 0¢ | Oct 6, 2026 7:51 AM CDT |
| ADM | Ledbetter | Corn Corn | October (2026-12) | Dec ’26 ZCZ26 | −$0.34 | $4.67 | +11¢ | Oct 6, 2026 8:01 AM CDT |
| ADM | Melbourne | Corn Corn | Oct./Nov '26 (2026-12) | Dec ’26 ZCZ26 | −$0.57 | $4.45 | +1¢ | Oct 6, 2026 8:01 AM CDT |
| ADM | Paducah | Corn Corn | October (2026-12) | Dec ’26 ZCZ26 | −$0.34 | $4.67 | +11¢ | Oct 6, 2026 8:01 AM CDT |
| Christian County Grain Co | Pembroke | Corn Yellow Corn | January 2027 | Mar ’27 ZCH27 | −$0.15 | $5.01 | — | Oct 6, 2026 8:01 AM CDT |
| Peterson Farms | Peterson Farms | Corn Corn- Loretto | January | Mar ’27 ZCH27 | −$0.65 | $4.51 | — | Oct 6, 2026 8:01 AM CDT |
| WF Ware Company, Inc. | WF Ware Company, Inc. | Corn Yellow Corn | 11/01/2026 | Dec ’26 ZCZ26 | even | $5.01 | — | Oct 6, 2026 8:01 AM CDT |
| Townsend Grain Company | Winchester | Corn Corn | Dec | Dec ’26 ZCZ26 | −$0.20 | $4.81 | — | Oct 6, 2026 8:01 AM CDT |
| Hudson Grain Company | Franklin | Soybeans Soybeans | January 2027 | Jan ’27 ZSF27 | −$0.50 | $12.56 | — | Oct 6, 2026 7:51 AM CDT |
| ADM | Henderson | Soybeans Soybeans | Oct/Nov '26 (2026-11) | Nov ’26 ZSX26 | −$0.30 | $12.59 | −25¢ | Oct 6, 2026 7:51 AM CDT |
| ADM | Ledbetter | Soybeans Soybeans | October (2026-11) | Nov ’26 ZSX26 | −$0.22 | $12.67 | — | Oct 6, 2026 8:01 AM CDT |
| ADM | Melbourne | Soybeans Soybeans | Oct/Nov '26 (2026-11) | Nov ’26 ZSX26 | −$0.40 | $12.49 | 0¢ | Oct 6, 2026 8:01 AM CDT |
| ADM | Paducah | Soybeans Soybeans | October (2026-11) | Nov ’26 ZSX26 | −$0.22 | $12.67 | — | Oct 6, 2026 8:01 AM CDT |
| Christian County Grain Co | Pembroke | Soybeans Soybeans | January 2027 | Jan ’27 ZSF27 | −$0.45 | $12.61 | — | Oct 6, 2026 8:01 AM CDT |
| WF Ware Company, Inc. | WF Ware Company, Inc. | Soybeans Soybeans | 11/01/2026 | Nov ’26 ZSX26 | even | $12.89 | — | Oct 6, 2026 8:01 AM CDT |
| Townsend Grain Company | Winchester | Soybeans Soybeans | Dec | Jan ’27 ZSF27 | −$0.40 | $12.66 | — | Oct 6, 2026 8:01 AM CDT |
| Hudson Grain Company | Franklin | Soft red winter wheat Wheat | January 2027 | Mar ’27 ZWH27 | −$0.80 | $6.32 | — | Oct 6, 2026 7:51 AM CDT |
| ADM | Ledbetter | Soft red winter wheat Wheat (Soft Red Winter) | Dec (2026-12) | Dec ’26 ZWZ26 | −$0.21 | $6.77 | −1¢ | Oct 6, 2026 8:01 AM CDT |
| ADM | Melbourne | Soft red winter wheat Wheat (Soft Red Winter) | June/July 2027 (2027-07) | Jul ’27 ZWN27 | −$0.40 | $6.78 | 0¢ | Oct 6, 2026 8:01 AM CDT |
| Christian County Grain Co | Pembroke | Soft red winter wheat Wheat | January 2027 | Mar ’27 ZWH27 | −$0.25 | $6.87 | — | Oct 6, 2026 8:01 AM CDT |
| WF Ware Company, Inc. | WF Ware Company, Inc. | Soft red winter wheat Wheat | 01/01/2027 | Mar ’27 ZWH27 | even | $7.12 | — | Oct 6, 2026 8:01 AM CDT |
What basis is, in one paragraph
Basis is the local cash price minus the futures price it is quoted against: cash − futures, in dollars per bushel. It carries everything futures leave out — freight to the river, rail or processor that ultimately buys the grain, local supply and demand, storage space and the elevator’s margin. Inland elevators usually post a negative basis because grain has to be shipped toward an export port or a plant before it is worth the futures price, and that freight comes out of the bid. Basis tends to be weakest around harvest, when every bin fills at once, and to firm through winter and spring as supplies are drawn down; a processor or ethanol plant short of grain can flip that locally at any time. For the long-run picture by region, see the national basis vs normal view built from USDA reports.
Related: national basis vs normal (USDA) · cash bids near you · Kentucky cash rent by county · Kentucky Farmland Atlas.
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