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Start Free Trial →About Wyoming Grain Markets
Wyoming winter wheat tracks Kansas City markets with a significant freight premium. Local cattle and sheep feeding provides modest corn and grain demand.
Understanding Wyoming 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.
Wyoming wheat basis runs 35–60¢ negative, reflecting long rail haul distances. Limited elevator infrastructure means most grain moves by truck to railheads.
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.
Wyoming Grain Elevator Landscape
Key Wyoming elevators: Wyoming Grain, High Plains Grain, Big Horn Mountain Grain.