Corn and Soybean markets are all based on the Chicago Board of Trade (CBOT). Local Elevators need to adjust the price for handling and transportion charges. This adjustment is refered to as basis.
Basis changes throughout the year as the local need for grain changes. Right now the basis is at about it's widest as harvest is getting into full swing. Couple months ago in Fixerupper's and my area (we are about 15 miles apart) the basis was negative. This was due to the reasons Fixerupper already has explained. BTW we are on the far side of Iowa from Chigago.
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Today's Featured Article - Converting from 6 Volt to 12 Volt - by Chris Pratt. It's a common problem for old machines especially when the weather starts to dip below 40 and the tractor isn't fired up as often. You are probably used to the 12 volt Diehard, charged with 200 amp alternator of your 3/4 ton that always is ready and always starts. It's this type of experience that brings about the many queries we get for 12-volt conversion kits. Since only a few kits are available (we sell kits for the
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