NEWS
DTN Daily Basis Comments
Mary Kennedy DTN Basis Analyst
Mon Mar 18, 2013 05:19 PM CDT
COMMENTS:

The cash corn price started the week higher with the corn futures higher after a day of mixed trading as demand on the interior remains firm. The soybean cash price was lower again today as futures fell to a 5 week low early on Monday as outside markets, including a higher U.S. dollar, added pressure to the soybeans as well as the wheat markets.

DAILY BASIS:

DTN Cash Change From National Contract Change from
Commodity Index Prev Day Avg. Basis Month Prev Day
Corn: $7.31 $0.03 $0.11 May -$0.002
Soybeans: $14.01 -$0.17 -$0.09 May -$0.004
SRW Wheat: $6.94 ...
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