NEWS
DTN Daily Basis Comments
Mary Kennedy DTN Basis Analyst
Tue May 7, 2013 11:00 AM CDT
DAILY BASIS:

DTN Cash Change From National Contract Change from
Commodity Index Prev Day Avg. Basis Month Prev Day
Corn: $6.63 -$0.24 $0.26 Jul $0.005
Soybeans: $14.15 -$0.17 $0.45 Jul $0.012
SRW Wheat: $6.79 -$0.19 -$0.24 Jul -$0.004
HRW Wheat: $7.32 -$0.21 -$0.25 Jul $0.003
HRS Wheat: $7.81 -$0.14 -$0.25 Jul -$0.008

CORN:

The DTN National Corn Index for Monday indicates a national average basis of 26 cents over the Chicago July futures contract, unchanged from Friday's basis. The cash corn price was sharply lower on Monday as weather forecasts appear to be drier to allow corn planting ...

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