NEWS
DTN Daily Basis Comments
Mary Kennedy DTN Basis Analyst
Wed Apr 3, 2013 05:14 PM CDT
COMMENTS:

The wheat cash markets saw double-digit increases today as all three wheat futures complexes rose on announced export tenders along with unconfirmed rumors that China bought 10 cargoes of wheat. The corn futures finally found the strength to close higher on Wednesday; only 1 cent, but at least it broke the pattern of closing down since last Thursday. The soybean cash price was lower as talk of soybeans possibly heading to the U.S from Argentina surfaced in the marketplace today.

DAILY BASIS:

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