DTN Daily Basis Comments

HRW Wheat Basis 2 Cents Stronger

Mary Kennedy
By  Mary Kennedy , DTN Basis Analyst
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DAILY BASIS:

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

CORN:

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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Mary Kennedy

Mary Kennedy
Connect with Mary: