DTN Daily Basis Comments
HRW Wheat Basis 2 Cents Stronger
DTN Cash | Change From | National | Contract | Change from | |
Commodity | Index | Prev Day | Avg. Basis | Month | Prev Day |
Corn: | $3.46 | $0.05 | -$0.38 | Jul | $0.003 |
Soybeans: | $8.75 | $0.05 | -$0.64 | Jul | $0.004 |
SRW Wheat: | $4.42 | $0.12 | -$0.23 | Jul | $0.007 |
HRW Wheat: | $4.07 | $0.10 | -$0.66 | Jul | $0.021 |
HRS Wheat: | $6.01 | $0.11 | -$0.42 | Jul | $0.006 |
The DTN National Corn Index for Friday indicated a national average basis of 38 cents under the Chicago July futures contract, 1 cent stronger than Thursday's basis.
SOYBEANS:The DTN National Soybean Index for Friday indicated a national average basis of 64 cents under the Chicago July futures contract, 1 cent stronger than Thursday's basis.
SOFT RED WINTER WHEAT:The DTN National Soft Red Winter Wheat Index for Friday indicated a national average basis of 23 cents under the Chicago July futures, 1 cent stronger than Thursday's basis.
HARD RED WINTER WHEAT:The DTN National Hard Red Winter Wheat Index for Friday indicated a national average basis of 66 cents under the Kansas City July futures contract, 2 cents stronger than Thursday's basis.
HARD RED SPRING WHEAT:The DTN National Hard Red Spring Wheat Index for Friday indicated a national average basis of 42 cents under the Minneapolis July futures contract, unchanged from Thursday's basis.
Mary Kennedy can be reached at mary.kennedy@dtn.com
Follow Mary Kennedy on Twitter @MaryCKenn
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