DTN Daily Basis Comments

Corn Basis Unchanged; HRW Wheat, Soybean Basis 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: $3.48 $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

CORN:

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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Mary Kennedy

Mary Kennedy
Connect with Mary: