Quotes Charts Options has encountered an error. Please try again later.

DTN's Daily Basis Comments

DTN Daily Basis Comments

Corn Basis Weaker

Soybean, soft red spring wheat, hard red winter and hard red spring wheat was unchanged, and corn basis was weaker.

To read the full comments, Start your free MyDTN trial

MyDTN Premium Content Spotlight:

Market Strategies

CORN Strategies Snapshot

Closing Futures Price & Change

Electronic Corn (@C)
Dec 18 3.4325 -0.0475
Mar 19 3.5550 -0.0450
May 19 3.6400 -0.0425
Dec 18 - Mar 19
Spread -$0.1225 Bearish

Trends

Monthly Trend Sideways
Weekly Trend Sideways

Market Structure

Neutral - Type 5

Seasonal Index

Corn prices tend to trend lower until early October.

Positions

2017: 100% cash sales made, near $4.00 per the July 2018 contract. No more positions open for 2017. 2018: 25% of expected prod. @ $4.04 2018: 25% of expected prod. @ $4.17 2019: 25% of expected prod. @ $4.14
For additional commodities plus Analysis & Recommendations, Start your free MyDTN trial