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Start Free Trial →About Kansas Grain Markets
Kansas wheat cash prices follow Kansas City Board of Trade HRW futures. Corn and sorghum are heavily influenced by feedlot demand in the southwest Kansas cattle corridor.
Understanding Kansas 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.
Kansas corn basis runs 20–45¢ negative, widest in the panhandle and tightest near Wichita-area ethanol plants. Wheat basis depends heavily on protein content (11.5%+ premium).
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.
Kansas Grain Elevator Landscape
Key Kansas elevators: Frontier Farm Credit, Gavilon Group, ADM Dodge City, Kansas Farmers Union.