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
Related News Stories
DTN Plains, Prairies Closing Comments
DTN Daily Feedstuffs Comments
DTN's Grain Quick Takes
Fuel Tax to Help Fix Aging Waterways
Soy Inspections Bullish
DTN Plains & Prairies Opening Comments
Russia Introduces Grain Export Duty
DTN Plains, Prairies Closing Comments
DTN Daily Feedstuffs Comments
Informa Sees Beans Acres Gaining