NEWS
DTN Daily Basis Comments
Mary Kennedy DTN Basis Analyst
Fri May 10, 2013 10:52 AM CDT
DAILY BASIS:

Commodity Index Prev Day Avg. Basis Month Prev Day
Corn: $6.77 $0.16 $0.28 Jul $0.002
Soybeans: $14.57 $0.18 $0.49 Jul $0.005
SRW Wheat: $6.99 $0.18 -$0.24 Jul $0.003
HRW Wheat: $7.54 $0.18 -$0.25 Jul -$0.010
HRS Wheat: $7.99 $0.09 -$0.26 Jul -$0.002

CORN:

The DTN National Corn Index for Thursday indicates a national average basis of 28 cents over the Chicago July futures contract, unchanged from Wednesday's basis. The corn basis remained firm as end-user concern over tight supplies continues. The basis was mostly unchanged on Thursday with a few end users bidding higher to meet nearby ...

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