NEWS
DTN Daily Basis Comments
Mary Kennedy DTN Basis Analyst
Tue Mar 19, 2013 05:15 PM CDT
COMMENTS:

The DTN average corn basis was weaker on Tuesday, but the cash corn price was higher as physical supplies continue to get tighter. Farmers will head into the fields soon to start "scratching the dirt" which will virtually cut off any nearby supply. The wheat cash prices were higher with possible new export business from Tunisia adding to the strength along with remaining tenders still undetermined. The soybean cash price finished lower with continued harvest pressure from South America adding to the weaker market.

DAILY BASIS:

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