How to find historical elevator wheat basis for us elevators?

[poorboy]

I am looking at the FPC for wheat tonight from the CWB and I like the futures price, but I find that the basis is quite wide. I am considering doing a futures only and fixing the basis later on, but I am curious to see what happened to US basis on wheat in the 1995-1998 time frame (last wheat rally).

On the US forums that I visit, most farmers are complaining of wide basis on their wheat sales also (60 cents to $1.15/bushel).

Would be interesting to see if the basis started to improve on the last rally as harvest pressure dimished.

[TOM4CWB]

Poorboy,

For the DPC, this would make sense, but on the FPC that is based on a supposed to be based on a PRO basis... it sure looks like the CWB is double dipping to me! Especially when thje DPC was/is not generally avaliable to growers.

[melvill]

Charlie and I have been following U.S. wheat basis levels for a while. Informa reports on them and produces graphs that show spot, last year and previous 3-year averages that they send us for comparison. Unfortunately, that is copywrited info that I can't pass on.

I've contacted USDA to see if they have a database showing the same or similar info. I'll report back if I find it.