NEWS
DTN Daily Basis Comments
Mary Kennedy DTN Basis Analyst
Thu May 22, 2014 10:41 AM CDT
DAILY BASIS:

DTN Cash Change From National Contract Change from
Commodity Index Prev Day Avg. Basis Month Prev Day
Corn: $4.45 $0.02 -$0.30 Jul $0.006
Soybeans: $14.84 $0.36 -$0.21 Jul $0.000
SRW Wheat: $6.37 -$0.06 -$0.27 Jul $0.005
HRW Wheat: $7.20 -$0.07 -$0.42 Jul -$0.006
HRS Wheat: $6.93 $0.01 -$0.46 Jul $0.007

CORN:

The DTN National Corn Index for Wednesday indicates a national average basis of 30 cents under the Chicago July futures contract, unchanged from Tuesday's basis. The corn market closed slightly higher with uncertainty over how many northern acres may go unplanted along with the continued ...

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