DTN Daily Basis Comments
Corn, Soy Basis Steady
DTN Cash | Change From | National | Contract | Change from | |
Commodity | Index | Prev Day | Avg. Basis | Month | Prev Day |
Corn: | $3.05 | -$0.04 | -$0.37 | Sep | -$0.001 |
Soybeans: | $8.77 | $0.01 | -$0.61 | Nov | $0.004 |
SRW Wheat: | $3.75 | $0.00 | -$0.28 | Sep | -$0.007 |
HRW Wheat: | $3.32 | -$0.01 | -$0.66 | Sep | -$0.001 |
HRS Wheat: | $6.00 | -$0.01 | -$0.39 | Sep | $0.005 |
The DTN National Corn Index for Wednesday indicated a national average basis of 37 cents under the Chicago September futures contract, unchanged from Tuesday's basis.
SOYBEANS:The DTN National Soybean Index for Wednesday indicated a national average basis of 61 cents under the Chicago November futures contract, unchanged from Tuesday's basis.
SOFT RED WINTER WHEAT:The DTN National Soft Red Winter Wheat Index for Wednesday indicated a national average basis of 28 cents under the Chicago September futures, 1 cent stronger than Tuesday's basis.
HARD RED WINTER WHEAT:The DTN National Hard Red Winter Wheat Index for Wednesday indicated a national average basis of 66 cents under the Kansas City September futures contract, unchanged from Tuesday's basis.
HARD RED SPRING WHEAT:The DTN National Hard Red Spring Wheat Index for Wednesday indicated a national average basis of 39 cents under the Minneapolis September futures contract, 1 cent stronger than Tuesday's basis.
Mary Kennedy can be reached at mary.kennedy@dtn.com
Follow Mary Kennedy on Twitter @MaryCKenn
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