NEWS
DTN Daily Basis Comments
Mary Kennedy DTN Basis Analyst
Wed Mar 19, 2014 10:31 AM CDT
DAILY BASIS:

DTN Cash Change From National Contract Change from
Commodity Index Prev Day Avg. Basis Month Prev Day
Corn: $4.51 $0.07 -$0.35 May -$0.005
Soybeans: $13.71 $0.26 -$0.47 May -$0.002
SRW Wheat: $6.68 $0.18 -$0.24 May $0.005
HRW Wheat: $7.33 $0.19 -$0.30 May -$0.010
HRS Wheat: $7.18 $0.15 -$0.24 May -$0.021

CORN:

The DTN National Corn Index for Tuesday indicates a national average basis of 35 cents under the Chicago May futures contract, unchanged from Monday's basis. Corn closed higher following wheat, but there is growing concern over the existing drought and late start to planting and ...

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