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Start Free Trial →About Kentucky Grain Markets
Kentucky grain prices benefit from Ohio River barge access to NOLA. The western Kentucky Purchase region has the tightest basis due to river access.
Understanding Kentucky 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.
Kentucky corn basis runs 15–30¢ negative, tightening significantly within 30 miles of the Ohio River. Eastern Kentucky sees wider basis of 30–45¢.
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.
Kentucky Grain Elevator Landscape
Key Kentucky elevators: Henderson County Grain, Western Kentucky Grain, South Central Grain.