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DTN's Daily Basis Comments

DTN Daily Basis Comments

Wednesday Morning Basis Update

Corn, hard red winter, hard red spring wheat and soybean basis was steady Tuesday, while soft red winter wheat basis was weaker.

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MyDTN Premium Content Spotlight:

Market Strategies

CORN Strategies Snapshot

Closing Futures Price & Change

Electronic Corn (@C)
Dec 20 4.0875 0.0350
Mar 21 4.1325 0.0275
May 21 4.1550 0.0325
Dec 20 - Mar 21
Spread -$0.0450

Trends

Monthly Trend Sideways
Weekly Trend Up

Market Structure

Neutral - Type 3

Seasonal Index

Corn prices tend to peak in early June and bottom in early October.

Positions

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