NEWS
DTN Daily Basis Comments
Mary Kennedy DTN Basis Analyst
Mon May 5, 2014 10:29 AM CDT
DAILY BASIS:

DTN Cash Change From National Contract Change from
Commodity Index Prev Day Avg. Basis Month Prev Day
Corn: $4.65 -$0.08 -$0.34 Jul -$0.001
Soybeans: $14.40 $0.08 -$0.30 Jul -$0.018
SRW Wheat: $6.88 $0.09 -$0.28 Jul $0.003
HRW Wheat: $7.81 $0.21 -$0.40 Jul $0.033
HRS Wheat: $7.31 $0.21 -$0.45 Jul $0.076

CORN:

The DTN National Corn Index for Friday indicates a national average basis of 34 cents under the Chicago July futures contract, unchanged from Thursday's basis. The corn market moved lower Friday with expectations that farmers will have good weather in the next week for planting ...

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