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Start Free Trial →About Idaho Grain Markets
Idaho grain prices follow Portland terminal markets. Barley for Coors/Anheuser-Busch malting provides a significant premium over feed barley. Potato demand is the dominant ag market.
Understanding Idaho Grain Basis
Basis is the difference between the local elevator cash price and the nearest CME futures contract. Basis tells you how your local market is priced relative to the national benchmark.
Idaho wheat basis runs 20–40¢ negative relative to CBOT. Malting barley can command $1–2/bu premium over feed barley depending on quality specifications.
A strengthening basis (cash rising relative to futures) signals strong local demand — typically from nearby ethanol plants, feed mills, or export elevators bidding aggressively for grain. A weakening basis signals local oversupply or reduced demand. Watch for basis moves of 10¢ or more in a single week as an actionable signal.
Idaho Grain Elevator Landscape
Key Idaho elevators: Idaho Grain Producers, Snake River Grain, Pacific Northwest Farmers Cooperative.