The Basis Line

Prairie + U.S. signal brief

The reference, its source, and a better question for your next call.

Prepared 2026-11-05Observation dates: 2026-10-23 to 2026-11-02

Prepared date is not the observation date. References are not live quotes, and statewide data is not a county or elevator bid.

Before the next decision

7 dated references

Corn cash reference

$3.73 / bu

Published regional reference

Older reference

USDA AgTransport Cash/Futures/Basis
Southeast | Elevator Bid | Dec

Observed 2026-10-23 / 13 days old
Publication cadence: Weekly/Report-specific

Change between published observations: -$0.19 / bu since 2026-10-16

Ask next: Ask which delivery window and grade apply before comparing offers.

Soybean cash reference

$11.76 / bu

Published regional reference

Older reference

USDA AgTransport Cash/Futures/Basis
Southeast | Elevator Bid | Dec

Observed 2026-10-23 / 13 days old
Publication cadence: Weekly/Report-specific

Change between published observations: -$0.05 / bu since 2026-10-16

Ask next: Compare like-for-like delivery terms, not just the headline price.

Corn basis reference

$0.23 / bu

Published regional reference

Older reference

USDA AgTransport Cash/Futures/Basis
North Carolina | Elevator Bid | Dec

Observed 2026-10-23 / 13 days old
Publication cadence: Weekly/Report-specific

Change between published observations: -$0.14 / bu since 2026-10-16

Ask next: Confirm basis and futures against the same location and delivery window.

Diesel reference

$6.29 / gal

Published regional reference

Dated reference

EIA Energy Prices
U.S.

Observed 2026-11-02 / 3 days old
Publication cadence: Weekly

Change between published observations: -$0.06 / gal since 2026-10-26

Ask next: Check your delivered fuel quote before using a published benchmark in a haul budget.

Urea reference

$770.00 / ton

Published regional reference

Dated reference

USDA AMS Market News
IL

Observed 2026-10-26 / 10 days old
Publication cadence: Daily/Bi-weekly

Change between published observations: +$0.00 / ton since 2026-10-12

Ask next: Ask whether freight, delivery timing and payment terms are included.

Anhydrous ammonia reference

$981.11 / ton

Published regional reference

Dated reference

USDA AMS Market News
IL

Observed 2026-10-26 / 10 days old
Publication cadence: Daily/Bi-weekly

Change between published observations: +$33.61 / ton since 2026-10-12

Ask next: Confirm application and delivery terms with your own supplier.

DAP reference

$932.14 / ton

Published regional reference

Dated reference

USDA AMS Market News
IL

Observed 2026-10-26 / 10 days old
Publication cadence: Daily/Bi-weekly

Change between published observations: +$2.85 / ton since 2026-10-12

Ask next: Use this as a question for your supplier, not a purchasable quote.

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