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

−$0.34
Corn median basis vs Dec ’26 CBOT corn
Range −$0.57 to even · n = 6 elevators · prices posted Oct 6, 2026 7:51 AM CDT to Oct 6, 2026 8:01 AM CDT
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:

Strongest basis (Dec ’26)

Weakest basis (Dec ’26)

Soybeans

−$0.22
Soybeans median basis vs Nov ’26 CBOT soybeans
Range −$0.40 to even · n = 5 elevators · prices posted Oct 6, 2026 7:51 AM CDT to Oct 6, 2026 8:01 AM CDT
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:

Strongest basis (Nov ’26)

Weakest basis (Nov ’26)

Soft red winter wheat

−$0.25
Soft red winter wheat median basis vs Mar ’27 CBOT SRW wheat
Range −$0.80 to even · n = 3 elevators · prices posted Oct 6, 2026 7:51 AM CDT to Oct 6, 2026 8:01 AM CDT
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:

Strongest basis (Mar ’27)

Weakest basis (Mar ’27)

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 —.

ElevatorTownCommodityDeliveryContractBasisCashBasis chg (wk)Price as of
Hudson Grain CompanyFranklinCorn CornJanuary 2027Mar ’27 ZCH27−$0.35$4.81—Oct 6, 2026 7:51 AM CDT
ADMHendersonCorn CornOct./Nov '26 (2026-12)Dec ’26 ZCZ26−$0.39$4.620¢Oct 6, 2026 7:51 AM CDT
ADMLedbetterCorn CornOctober (2026-12)Dec ’26 ZCZ26−$0.34$4.67+11¢Oct 6, 2026 8:01 AM CDT
ADMMelbourneCorn CornOct./Nov '26 (2026-12)Dec ’26 ZCZ26−$0.57$4.45+1¢Oct 6, 2026 8:01 AM CDT
ADMPaducahCorn CornOctober (2026-12)Dec ’26 ZCZ26−$0.34$4.67+11¢Oct 6, 2026 8:01 AM CDT
Christian County Grain CoPembrokeCorn Yellow CornJanuary 2027Mar ’27 ZCH27−$0.15$5.01—Oct 6, 2026 8:01 AM CDT
Peterson FarmsPeterson FarmsCorn Corn- LorettoJanuaryMar ’27 ZCH27−$0.65$4.51—Oct 6, 2026 8:01 AM CDT
WF Ware Company, Inc.WF Ware Company, Inc.Corn Yellow Corn11/01/2026Dec ’26 ZCZ26even$5.01—Oct 6, 2026 8:01 AM CDT
Townsend Grain CompanyWinchesterCorn CornDecDec ’26 ZCZ26−$0.20$4.81—Oct 6, 2026 8:01 AM CDT
Hudson Grain CompanyFranklinSoybeans SoybeansJanuary 2027Jan ’27 ZSF27−$0.50$12.56—Oct 6, 2026 7:51 AM CDT
ADMHendersonSoybeans SoybeansOct/Nov '26 (2026-11)Nov ’26 ZSX26−$0.30$12.59−25¢Oct 6, 2026 7:51 AM CDT
ADMLedbetterSoybeans SoybeansOctober (2026-11)Nov ’26 ZSX26−$0.22$12.67—Oct 6, 2026 8:01 AM CDT
ADMMelbourneSoybeans SoybeansOct/Nov '26 (2026-11)Nov ’26 ZSX26−$0.40$12.490¢Oct 6, 2026 8:01 AM CDT
ADMPaducahSoybeans SoybeansOctober (2026-11)Nov ’26 ZSX26−$0.22$12.67—Oct 6, 2026 8:01 AM CDT
Christian County Grain CoPembrokeSoybeans SoybeansJanuary 2027Jan ’27 ZSF27−$0.45$12.61—Oct 6, 2026 8:01 AM CDT
WF Ware Company, Inc.WF Ware Company, Inc.Soybeans Soybeans11/01/2026Nov ’26 ZSX26even$12.89—Oct 6, 2026 8:01 AM CDT
Townsend Grain CompanyWinchesterSoybeans SoybeansDecJan ’27 ZSF27−$0.40$12.66—Oct 6, 2026 8:01 AM CDT
Hudson Grain CompanyFranklinSoft red winter wheat WheatJanuary 2027Mar ’27 ZWH27−$0.80$6.32—Oct 6, 2026 7:51 AM CDT
ADMLedbetterSoft 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
ADMMelbourneSoft red winter wheat Wheat (Soft Red Winter)June/July 2027 (2027-07)Jul ’27 ZWN27−$0.40$6.780¢Oct 6, 2026 8:01 AM CDT
Christian County Grain CoPembrokeSoft red winter wheat WheatJanuary 2027Mar ’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 Wheat01/01/2027Mar ’27 ZWH27even$7.12—Oct 6, 2026 8:01 AM CDT
How these numbers are made. Source: the AGSIST elevator network (dnilgis/bids), boards read directly; no third-party bid feed is used on this page. A bid counts only if its board was confirmed live on the latest read and its price was posted within 72 hours of the snapshot — long enough that a board unchanged over a weekend still counts on Monday. Specialty bids (white, organic, non-GMO, high-oleic, identity-preserved) are excluded. Medians and ranges are printed only with at least 3 elevators on the same futures contract. Prices are a snapshot as of Oct 6, 2026 8:10 AM CDT and will have moved since; call the elevator before you haul.

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.

Basis in other states

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