NEWS
DTN Daily Basis Comments
Mary Kennedy DTN Basis Analyst
Mon Jan 28, 2013 05:02 PM CST
COMMENTS:

The cash markets ended the day higher on Monday after most of the grain futures were lower during part of the day's trading session. The corn price rose on higher-than-expected export inspections for the first time since mid-September of last year. The corn basis was stronger Monday on continued lack of farmer selling. The rise in the soybean cash price was partially driven by the uncertainty about the weather in South America. The soybean basis remained firm with Dow Jones reporting higher basis levels at a few river terminals this afternoon.

DAILY BASIS:

DTN Cash Change From National ...
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