NEWS
DTN Daily Basis Comments
Mary Kennedy DTN Basis Analyst
Thu Feb 28, 2013 10:28 AM CST
COMMENTS:

The corn cash price was up Wednesday thanks to a higher basis as the May futures closed unchanged. The soybean cash price closed higher on a stronger basis and higher futures due to increased export demand as Brazil is experiencing shipping delays of new-crop beans due to port congestion. The HRW wheat cash price is higher, but closed almost 10 cents off its day high .

DAILY BASIS:

DTN Cash Change From National Contract Change from
Commodity Index Prev Day Avg. Basis Month Prev Day
Corn: $7.07 $0.01 $0.12 May $0.010
Soybeans: $14.32 $0.08 -$0.07 May $0.005
SRW ...
Quick View
  • Dealing with Diplodia After the latest spate of wet, cool weather in parts of the Midwest, plant pathologists are urgin...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
DTN Plains, Prairies Closing Comments
DTN Daily Feedstuffs Comments
DTN's Grain Quick Takes
Under the Agridome
Fundamentally Speaking
USDA Weekly Export Sales
DTN Plains & Prairies Opening Comments
DTN Plains, Prairies Closing Comments
DTN Daily Feedstuffs Comments
DTN Plains & Prairies Opening Comments