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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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DTN Market Strategies

DIESEL Strategies Snapshot

Closing Futures Price & Change

Electronic ULSD (QHO)
Nov 20 $1.1399 -$0.0336
Dec 20 $1.1476 -$0.0326
Nov-Dec
Spread -$0.0077 Bearish
Dec-Jan
Spread -$0.0139 Bearish

Trends

Long-term: Sideways
Short-term: Sideways

Market Structure

Neutral

Seasonal Index

Sideways through October

Positions

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