DTN Daily Basis Comments
Corn Basis Unchanged; HRW Wheat, Soybean Basis Stronger
DTN Cash | Change From | National | Contract | Change from | |
Commodity | Index | Prev Day | Avg. Basis | Month | Prev Day |
Corn: | $3.48 | $0.02 | -$0.45 | Sep | $0.001 |
Soybeans: | $9.36 | $0.16 | -$0.65 | Aug | $0.005 |
SRW Wheat: | $5.02 | -$0.04 | -$0.33 | Sep | -$0.003 |
HRW Wheat: | $4.74 | -$0.03 | -$0.69 | Sep | $0.008 |
HRS Wheat: | $7.26 | -$0.03 | -$0.41 | Sep | -$0.005 |
The DTN National Corn Index for Friday indicated a national average basis of 45 cents under the Chicago September futures contract, unchanged from Thursday's basis.
SOYBEANS:The DTN National Soybean Index for Friday indicated a national average basis of 65 cents under the Chicago August 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 33 cents under the Chicago September futures, 1 cent weaker than Thursday's basis.
HARD RED WINTER WHEAT:The DTN National Hard Red Winter Wheat Index for Friday indicated a national average basis of 69 cents under the Kansas City September futures contract, 1 cent 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 41 cents under the Minneapolis September 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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