NEWS
DTN Daily Basis Comments
Mary Kennedy DTN Basis Analyst
Mon Jan 21, 2013 10:07 AM CST
COMMENTS:

With the cash corn price ending higher the last nine out of 11 days, it is no surprise that corn was 19 cents higher than one week ago Friday, with a 1 cent higher basis. The soybean cash price was 56 cents higher from one week ago Friday, with the basis unchanged and the HRW wheat cash price was 39 cents higher, with the basis up 2 cents from one week ago Friday. Even with the stronger cash prices, the average basis for corn and soybeans is still trading higher than the five year average for this time of ...

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