Grain Market Price Differentials Originating from North Central Kansas
	I. Corn Price Differentials from North Central Kansas
	Tuesday, October 02, 2007
	A. Corn Futures, Cash Corn Prices & Basis Levels in North Central KS & South Central NE
		Corn $/bu	Basis $/bu	vs Concordia	vs Superior NE
	CBOT DEC 2007 Corn Futures	$3.49	**********	**********	**********
	Concordia	$3.06	($0.43)	**********	($0.03)
	Superior NE	$3.09	($0.40)	$0.03	**********
	Courtland	$3.32	($0.17)	$0.26	$0.23
	Beloit	$3.06	($0.43)	$0.00	($0.03)
	Glen Elder	$3.06	($0.43)	$0.00	($0.03)
	Smith Center	$3.11	($0.38)	$0.05	$0.02
	Stockton	$3.19	($0.30)	$0.13	$0.10
	Phillipsburg	$3.04	($0.45)	($0.02)	($0.05)
	Hays	$3.22	($0.27)	$0.16	$0.13
	B. Northwest Kansas Corn Markets
		Corn $/bu	Basis $/bu	vs Concordia	vs Superior NE
	Colby	$3.11	($0.38)	$0.05	$0.02
	Goodland	$3.11	($0.38)	$0.05	$0.02
	Sharon Springs	$3.19	($0.30)	$0.13	$0.10
	Bird City	$3.01	($0.48)	($0.05)	($0.08)
	Oberlin	$3.10	($0.39)	$0.04	$0.01
	McCook NE	$3.18	($0.31)	$0.12	$0.09
	Hoxie	$3.09	($0.40)	$0.03	$0.00
	Grainfield	$3.05	($0.44)	($0.01)	($0.04)
	Norton	$3.09	($0.40)	$0.03	$0.00
	Hill City	$3.05	($0.44)	($0.01)	($0.04)
	Wakeeney	$3.05	($0.44)	($0.01)	($0.04)
	C. South Central Kansas Terminal & Processor Corn Markets
		Corn $/bu	Basis $/bu	vs Concordia	vs Superior NE
	Salina (Terminal)	$3.39	($0.10)	$0.33	$0.30
	Newton (Terminal)	$3.28	($0.21)	$0.22	$0.19
	Hutchinson (Terminal)	$3.32	($0.17)	$0.26	$0.23
	Wichita (Terminal)	$3.24	($0.25)	$0.18	$0.15
	Wellington (Terminal)	$3.21	($0.28)	$0.15	$0.12
	Arkansas City (Terminal)	$3.23	($0.26)	$0.17	$0.14
	Atchison (Processor)	$3.15	($0.34)	$0.09	$0.06
	D. Nebraska Corn Markets
		Corn $/bu	Basis $/bu	vs Concordia	vs Superior NE
	Beatrice (Southeast)	$3.05	($0.44)	($0.01)	($0.04)
	Columbus (East Central)	NA	#VALUE!	#VALUE!	#VALUE!
	Dorchester (Southeast)	$3.06	($0.43)	$0.00	($0.03)
	Grand Island (South Central)	NA	#VALUE!	#VALUE!	#VALUE!
	Hastings (South Central)	$3.09	($0.40)	$0.03	$0.00
	Holdrege (South Central)	$3.09	($0.40)	$0.03	$0.00
	Imperial (Southwest)	$3.19	($0.30)	$0.13	$0.10
	Kimball-Dix (Panhandle)	$3.17	($0.32)	$0.11	$0.08
	Lexington (West Central)	$3.09	($0.40)	$0.03	$0.00
	McCook (Southwest)	$3.17	($0.32)	$0.11	$0.08
	Nebraska City (Southeast)	$3.02	($0.47)	($0.04)	($0.07)
	Ogallala-Brule (West Central)	$3.09	($0.40)	$0.03	$0.00
	Omaha - Council Bluffs (East Central)	$3.05	($0.44)	($0.01)	($0.04)
	Osceola (East Central)	NA	#VALUE!	#VALUE!	#VALUE!
	Superior (South Central)	$3.09	($0.40)	$0.03	Same
	Waverly (Southeast - East Central)	$2.97	($0.52)	($0.09)	($0.12)
	Wayne (Northeast)	$3.00	($0.49)	($0.06)	($0.09)
	E. Eastern Colorado Corn Markets
		Corn $/bu	Basis $/bu	vs Concordia	vs Superior NE
	Northern Northeast CO Elevators	$3.34	($0.15)	$0.28	$0.25
	Southern Northeast CO Elevators	$3.44	($0.05)	$0.38	$0.35
	Cheyenne Wells - East Central CO	$3.13	($0.36)	$0.07	$0.04
	I-70 Elevators - East Central CO	$3.22	($0.27)	$0.16	$0.13
	Southeast CO Elevators	$3.47	($0.02)	$0.41	$0.38
	F. Northern Oklahoma Corn Markets
		Corn $/bu	Basis $/bu	vs Concordia	vs Superior NE
	Hooker (Panhandle - Northwest)	$3.54	$0.05	$0.48	$0.45
	Keyes (Panhandle - Northwest)	NA	#VALUE!	#VALUE!	#VALUE!
	Manchester (North Central)	$3.49	$0.00	$0.43	$0.40
	Miami (Northeast)	NA	#VALUE!	#VALUE!	#VALUE!
	Ponca City (North Central)	$3.47	($0.02)	$0.41	$0.38
	ID. National Corn Markets
		Corn $/bu	Basis $/bu	vs Concordia	vs Superior NE
	Kansas City	$3.26	($0.23)	$0.20	$0.17
	Minneapolis	$2.93	($0.56)	($0.13)	($0.16)
	Southern Iowa	$3.08	($0.41)	$0.02	($0.01)
	Omaha	$3.05	($0.44)	($0.01)	($0.04)
	Louisiana Gulf (barge delivery)	$4.09	$0.60	$1.03	$1.00
	Toledo - Great Lakes	$3.29	($0.20)	$0.23	$0.20
	Chicago - Great Lakes	$3.09	($0.40)	$0.03	($0.00)
	Norfolk - Atlantic Coast	$3.49	$0.00	$0.43	$0.40
	II. Grain Sorghum Price Differentials from North Central Kansas
	Tuesday, October 02, 2007
	A. Corn Futures, Cash Grain Sorghum Prices & Basis Levels in North Central Kansas
			Corn $/bu
	CBOT DEC 2007 Corn Futures		$3.49
		Milo $/cwt	Milo $/bu	Basis $/bu	vs Concordia
	Concordia	$6.18	$3.46	($0.03)	**********
	Superior NE	$6.09	$3.41	($0.08)	($0.09)
	Beloit	$5.77	$3.23	($0.26)	($0.41)
	Glen Elder	$5.80	$3.25	($0.24)	($0.38)
	Smith Center	$5.25	$2.94	($0.55)	($0.93)
	Stockton	$5.36	$3.00	($0.49)	($0.82)
	Courtland	$6.46	$3.62	$0.13	$0.28
	Phillipsburg	$5.25	$2.94	($0.55)	($0.93)
	Hays	$5.66	$3.17	($0.32)	($0.52)
	B. Northwest Kansas Grain Sorghum Markets
		Milo $/cwt	Milo $/bu	Basis $/bu	vs Concordia
	Colby	$5.48	$3.07	($0.42)	($0.70)
	Sharon Springs	$5.52	$3.09	($0.40)	($0.66)
	Bird City	$5.09	$2.85	($0.64)	($1.09)
	Oberlin	$5.92	$3.32	($0.17)	($0.26)
	McCook NE	$5.50	$3.08	($0.41)	($0.68)
	Hoxie	$5.27	$2.95	($0.54)	($0.91)
	Grainfield	$5.38	$3.01	($0.48)	($0.81)
	Norton	$5.55	$3.11	($0.38)	($0.63)
	Hill City	$5.38	$3.01	($0.48)	($0.81)
	Wakeeney	$5.38	$3.01	($0.48)	($0.81)
	C. South Central Kansas Terminal Grain Sorghum Markets
		Milo $/cwt	Milo $/bu	Basis $/bu	vs Concordia
	Salina	$6.50	$3.64	$0.15	$0.32
	Newton	$5.95	$3.33	($0.16)	($0.23)
	Hutchinson	$6.41	$3.59	$0.10	$0.23
	Wichita	$6.41	$3.59	$0.10	$0.23
	Wellington	$6.32	$3.54	$0.05	$0.14
	Arkansas City	$6.05	$3.39	($0.10)	($0.13)
	D. Nebraska Grain Sorghum Markets
		Milo $/cwt	Milo $/bu	Basis $/bu	vs Concordia
	Beatrice (Southeast)	$5.89	$3.30	($0.19)	($0.29)
	Columbus (East Central)	NA	#VALUE!	#VALUE!	#VALUE!
	Dorchester (Southeast)	$5.88	$3.29	($0.19)	($0.30)
	Grand Island (South Central)	NA	#VALUE!	#VALUE!	#VALUE!
	Hastings (South Central)	$5.75	$3.22	($0.27)	($0.43)
	Holdrege (South Central)	$5.70	$3.19	($0.30)	($0.48)
	McCook (Southwest)	$5.55	$3.11	($0.38)	($0.63)
	Osceola (East Central)	NA	#VALUE!	#VALUE!	#VALUE!
	Superior (South Central)	$6.09	$3.41	($0.08)	($0.09)
	Waverly (Southeast - East Central)	$5.70	$3.19	($0.30)	($0.48)
	E. Eastern Colorado Grain Sorghum Markets
		Milo $/cwt	Milo $/bu	Basis $/bu	vs Concordia
	Southeast CO Elevators	$5.70	$3.19	($0.30)	($0.48)
	F. Northern Oklahoma Grain Sorghum Markets
		Milo $/cwt	Milo $/bu	Basis $/bu	vs Concordia
	Alva (North Central - Northwest)	$5.66	$3.17	($0.32)	($0.52)
	Buffalo (North Central - Northwest)	$5.66	$3.17	($0.32)	($0.52)
	Hooker (Panhandle - Northwest)	$5.73	$3.21	($0.28)	($0.45)
	Keyes (Panhandle - Northwest)	NA	#VALUE!	#VALUE!	#VALUE!
	Manchester (North Central)	$5.88	$3.29	($0.19)	($0.30)
	Medford (North Central)	$5.67	$3.18	($0.31)	($0.51)
	Miami (Northeast)	NA	#VALUE!	#VALUE!	#VALUE!
	Ponca City (North Central)	$5.87	$3.29	($0.20)	($0.31)
	Shattuck (Northwest)	$5.16	$2.89	($0.60)	($1.02)
	III. Wheat Price Differentials from North Central Kansas
	Tuesday, October 02, 2007
	A. Wheat Futures, Cash Wheat Prices & Basis Levels in North Central Kansas
		Wheat $/bu	Basis $/bu	vs Concordia	vs Superior NE
	KCBT DEC 2007 Wheat Futures	$9.19	**********	**********	**********
	Concordia	$8.54	($0.65)	**********	$0.16
	Superior NE	$8.38	($0.81)	($0.16)	**********
	Beloit	$8.38	($0.81)	($0.16)	$0.00
	Glen Elder	$8.38	($0.81)	($0.16)	$0.00
	Smith Center	$8.32	($0.87)	($0.22)	($0.06)
	Stockton	$8.49	($0.70)	($0.05)	$0.11
	Courtland	$8.13	($1.06)	($0.41)	($0.25)
	Phillipsburg	$8.39	($0.80)	($0.15)	$0.01
	Hays	$8.46	($0.73)	($0.08)	$0.08
	B. Northwest Kansas Wheat Markets
		Wheat $	Basis $/bu	vs Concordia	vs Superior NE
	Colby	$8.42	($0.77)	($0.12)	$0.04
	Goodland	$8.41	($0.78)	($0.13)	$0.03
	Sharon Springs	$8.42	($0.77)	($0.12)	$0.04
	Bird City	$8.44	($0.75)	($0.10)	$0.06
	Oberlin	$7.85	($1.34)	($0.69)	($0.53)
	McCook NE	$8.29	($0.90)	($0.25)	($0.09)
	Hoxie	$8.44	($0.75)	($0.10)	$0.06
	Grainfield	$8.42	($0.77)	($0.12)	$0.04
	Norton	$8.36	($0.83)	($0.18)	($0.02)
	Hill City	$8.42	($0.77)	($0.12)	$0.04
	Wakeeney	$8.42	($0.77)	($0.12)	$0.04
	C. South Central Kansas Terminal & Processor Wheat Markets
		Wheat $	Basis $/bu	vs Concordia	vs Superior NE
	Salina (Terminal)	$8.79	($0.40)	$0.25	$0.41
	Newton (Terminal)	$8.63	($0.56)	$0.09	$0.25
	Hutchinson (Terminal)	$8.86	($0.33)	$0.32	$0.48
	Wichita (Terminal)	$8.80	($0.39)	$0.26	$0.42
	Wellington (Terminal)	$8.89	($0.30)	$0.35	$0.51
	Arkansas City (Terminal)	$8.68	($0.51)	$0.14	$0.30
	Atchison-Ord (Processor)	$8.64	($0.55)	$0.10	$0.26
	Wichita-11% (Processor)	$9.29	$0.10	$0.75	$0.91
	Wichita-12% (Processor)	$9.39	$0.20	$0.85	$1.01
	Wichita-13% (Processor)	$9.49	$0.30	$0.95	$1.11
	D. Nebraska Wheat Markets
		Wheat $	Basis $/bu	vs Concordia	vs Superior NE
	Beatrice (Southeast)	$8.57	($0.62)	$0.03	$0.19
	Columbus (East Central)	NA	#VALUE!	#VALUE!	#VALUE!
	Dorchester (Southeast)	$8.59	($0.60)	$0.05	$0.21
	Grand Island (South Central)	NA	#VALUE!	#VALUE!	#VALUE!
	Hastings (South Central)	$8.51	($0.68)	($0.03)	$0.13
	Holdrege (South Central)	$8.57	($0.62)	$0.03	$0.19
	Imperial (Southwest)	$8.25	($0.94)	($0.29)	($0.13)
	Kimball-Dix (Panhandle)	$8.14	($1.05)	($0.40)	($0.24)
	Lexington (West Central)	$8.49	($0.70)	($0.05)	$0.11
	McCook (Southwest)	$8.29	($0.90)	($0.25)	($0.09)
	Ogallala-Brule (West Central)	$8.11	($1.08)	($0.43)	($0.27)
	Osceola (East Central)	NA	#VALUE!	#VALUE!	#VALUE!
	Superior (South Central)	$8.54	($0.65)	$0.00	$0.16
	Waverly (Southeast - East Central)	$8.52	($0.67)	($0.02)	$0.14
	E. Eastern Colorado Wheat Markets
		Wheat $	Basis $/bu	vs Concordia	vs Superior NE
	Northern Northeast CO Elevators	$8.25	($0.94)	($0.29)	($0.13)
	Southern Northeast CO Elevators	$8.25	($0.94)	($0.29)	($0.13)
	Cheyenne Wells - East Central CO	$8.31	($0.88)	($0.23)	($0.07)
	I-70 Elevators - East Central CO	$8.29	($0.90)	($0.25)	($0.09)
	Southeast CO Elevators	$8.49	($0.70)	($0.05)	$0.11
	F. Northern Oklahoma Wheat Markets
		Wheat $	Basis $/bu	vs Concordia	vs Superior NE
	Alva (North Central - Northwest)	$8.61	($0.58)	$0.07	$0.23
	Buffalo (North Central - Northwest)	$8.56	($0.63)	$0.02	$0.18
	Cherokee (North Central - Northwest)	$8.53	($0.66)	($0.01)	$0.15
	Hooker (Panhandle - Northwest)	$8.44	($0.75)	($0.10)	$0.06
	Keyes (Panhandle - Northwest)	NA	#VALUE!	#VALUE!	#VALUE!
	Manchester (North Central)	$8.62	($0.57)	$0.08	$0.24
	Medford (North Central)	$8.58	($0.61)	$0.04	$0.20
	Miami (Northeast)	NA	#VALUE!	#VALUE!	#VALUE!
	Okeene (North Central - Northwest)	NA	#VALUE!	#VALUE!	#VALUE!
	Perry (North Central)	$8.54	($0.65)	$0.00	$0.16
	Ponca City (North Central)	$8.65	($0.54)	$0.11	$0.27
	Shattuck (Northwest)	$8.37	($0.82)	($0.17)	($0.01)
	Stillwater (North Central)	$8.54	($0.65)	$0.00	$0.16
	G. National Wheat Markets
		Wheat $	Basis $/bu	vs Concordia	vs Superior NE
	Kansas City (HRW Ord)	$8.79	($0.40)	$0.25	$0.41
	Portland (HRW Ord)	$9.73	$0.54	$1.19	$1.35
	Houston - Gulf (HRW Ord)	$9.69	$0.50	$1.15