Cash Basis

USDA · Oct 16
No report

Strongest South Carolina 0¢ · weakest Kansas −96¢

USDA country-elevator bids against November futures, in cents per bushel; the legend runs from the weakest basis to the strongest.

Every state's basis, its regions and the terminal markets are for Farmbucks members. See what's included

Storage Signal

Latest trades
Nov → Jan
Carry · +15.25

Carry (+) means later months trade above the nearby: the market is paying toward storage. Inverted (−) means the nearby trades above later months. Not trading advice.

Futures Chain

17 contracts
ZSX26 Nov 2026 OI 289,307 1,253.25 ¢/bu -8.00 -0.63%
ZSF27 Jan 2027 OI 294,024 1,268.50 ¢/bu -7.25 -0.57%
ZSH27 Mar 2027 OI 191,260 1,277.50 ¢/bu -6.75 -0.53%
ZSK27 May 2027 OI 103,756 1,286.75 ¢/bu -5.50 -0.43%
ZSN27 Jul 2027 OI 107,991 1,293.00 ¢/bu -5.00 -0.39%
ZSQ27 Aug 2027 OI 8,693 1,279.00 ¢/bu -3.25 -0.25%
ZSU27 Sep 2027 OI 6,825 1,248.25 ¢/bu -2.25 -0.18%
ZSX27 Nov 2027 OI 61,957 1,239.25 ¢/bu -1.50 -0.12%
ZSF28 Jan 2028 OI 5,282 1,247.00 ¢/bu -5.00 -0.40%
ZSH28 Mar 2028 OI 3,347 1,248.00 ¢/bu -1.50 -0.12%
ZSK28 May 2028 OI 863 1,251.00 ¢/bu -1.00 -0.08%
ZSN28 Jul 2028 OI 966 1,258.25 ¢/bu +2.00 +0.16%
ZSQ28 Aug 2028 OI 13 1,242.75 ¢/bu 0.00 0.00%
ZSU28 Sep 2028 OI 20 1,211.00 ¢/bu 0.00 0.00%
ZSX28 Nov 2028 OI 298 1,200.50 ¢/bu -2.75 -0.23%
ZSN29 Jul 2029 OI 4 1,222.00 ¢/bu 0.00 0.00%
ZSX29 Nov 2029 OI 12 1,169.00 ¢/bu -7.25 -0.62%

Open interest (OI) is how many contracts are still open in each month.

Commitments of Traders

Tuesday, Oct 13
Managed moneySold 14.2K on the week · net long for over a year
+237K
Producers and merchantsLong 374K · short 649K · net +20.4K on the week
−274K
Open interest Down 49.6K on the week · 656 traders
1.33M

CFTC Commitments of Traders (disaggregated), CBOT soybeans futures and options combined: positions as of Tuesday, Oct 13, published Friday, Oct 16; the next report (Oct 20 positions) is out Friday, Oct 23 at 3:30 pm ET. Net is longs less shorts, in contracts of 5,000 bushels.

Two years of fund positioning, the three-year range and every trader group are for Farmbucks members. See what's included

More for members

  • Every state's cash basisThe typical basis and range in each of 19 states, each state's regions, and the terminal markets
  • The full Commitments of TradersTwo years of fund positioning, charted, its three-year range, and every trader group
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About

Cash Basis. USDA Agricultural Marketing Service, Market News, Daily Grain Bids: what country elevators, terminals and processors bid in each state, against November futures, published weekday afternoons.

Storage Signal. Worked out from the futures themselves: the front month against the next, and old crop against new while the front month is old crop, at the latest trades while the market is open, else at the last settle.

Futures Chain. Every CBOT contract month now trading, with its last price, the day’s change and its open interest.

Commitments of Traders. U.S. Commodity Futures Trading Commission, Commitments of Traders (disaggregated): the open positions of each kind of large trader as of Tuesday’s close, published Fridays at 3:30 pm ET (the following Monday in a holiday week).

Market Data: Futures price data on Farmbucks is provided by DTN, CME Group, and ICE. Cash basis is from USDA AMS daily grain bid reports; positioning is from the CFTC's Commitments of Traders; the natural gas outlook and storage are from the U.S. Energy Information Administration. This data is for informational purposes only, may be subject to delays or inaccuracies, and is not trading advice. Please consult official sources or your broker for trading decisions.