Updated Daily — USDA AMS

Fargo, ND Grain Cash Bids

Compare local elevator bids for corn, soybeans, and wheat near Fargo, Cass County.

Today's Cash Bids Near Fargo, ND

Corn (CBOT Dec)
$4.82
Basis: −$0.18
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Soybeans (CBOT Nov)
$10.41
Basis: −$0.24
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Wheat (CBOT Jul)
$5.12
Basis: −$0.28
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North Dakota State Avg
$4.76
Corn
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Local Elevator Market Context — Fargo

Cass County is North Dakota's top agricultural county. ADM and multiple spring wheat and soybean crush operations compete in the Fargo market. Northern Plains grain hub.

Fargo is the center of the Northern Plains spring wheat and soybean markets. ADM's Fargo soy crush and hard red spring wheat demand from Minneapolis mills both influence bids. Red River Valley soybeans have a quality premium — watch basis vs. CBOT November futures.

Cash bids for Fargo area elevators are reported to USDA AMS through the North Dakota Daily Grain Report. GrainBrief pulls this data every morning at 6:00 AM CT. Sign up free to see the current bid and historical basis chart for Fargo.

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Understanding Fargo Grain Basis

Grain basis is the difference between the local elevator cash bid and the nearby CBOT futures contract. For Fargo, Cass County, the basis reflects transportation costs to export terminals, local supply and demand balance, and elevator margin.

A strengthening basis (moving toward zero or positive) means local demand is increasing relative to futures — elevators are bidding more aggressively for your grain. A weakening basis means local supply is ample or export demand has softened.

Factors that affect Fargo area basis include: proximity to river export terminals, local processor demand (ethanol, crush, livestock feeding), seasonal harvest pressure, and freight costs from this location to terminal markets.

Basis SignalWhat It MeansMarketing Implication
Basis narrows (strengthens) Local demand exceeding local supply; elevator bidding up Good time to sell — local pricing is strong relative to futures
Basis widens (weakens) Local supply ample; elevator has less urgency to buy Consider storing if carry is positive on futures — wait for demand signal
Basis vs. 5-yr average Compare current basis to historical seasonal pattern If current basis is stronger than average, seasonal advantage may not persist

Market Signals Affecting Fargo Bids

CFTC COT — Managed Money
USDA Export Sales Pace
Ethanol Crush Margin
Soybean Crush Margin

More North Dakota Grain Price Pages

Frequently Asked Questions — Fargo Cash Bids

Where does GrainBrief get Fargo cash bid data?

GrainBrief pulls daily grain cash bid data from USDA Agricultural Marketing Service (AMS) via their MARS API. The North Dakota Daily Grain Report covers elevator bids reported throughout the state each morning. This is the same underlying data used by DTN, Barchart, and other commercial grain data providers.

How often is the Fargo data updated?

GrainBrief ingests USDA AMS data daily at 6:00 AM CT. USDA typically publishes North Dakota grain bids between 9:00 AM and noon local time. Create a free account to get email alerts when new bids are posted.

Can I submit a bid I heard at my local elevator?

Yes — use the What's Your Bid? form to anonymously submit your local elevator's cash bid. Your submission helps other farmers in Cass County and surrounding areas benchmark whether they're getting a competitive price. No sign-in required and your IP address is never stored.

Page reviewed: 2026-06-03 Topic: fargo north dakota cash bids Sources: USDA AMS, local elevator bid context, futures basis relationships, freight, storage, and GrainBrief source-health checks

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