Basis › New York

New York cash basis today — AGSIST network elevators

Basis (cash − futures, $/bu) at the 2 New York elevators in the AGSIST elevator network with a fresh bid, read directly from each elevator’s own bid board. This is a sample of New York 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

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Corn vs Dec ’26
Only 1 network elevator price against this contract; a median needs at least 3.

Every fresh network elevator in New York

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
Agrex Inc.WNYECorn Yellow CornOct 2026Dec ’26 ZCZ26+$0.15$5.17—Oct 6, 2026 8:01 AM CDT
ADMBuffaloSoft red winter wheat Wheat (Soft Red Winter)Oct 26 (2026-12)Dec ’26 ZWZ26−$0.10$6.88—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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