DTN Daily Basis Comments
Mary Kennedy DTN Basis Analyst
Fri Apr 19, 2013 10:17 AM CDT

Basis bids for most grains were largely unchanged, though corn continues to weaken. Much of the pressure is coming from the Gulf and River markets in reaction to closings along the Mississippi River. Soybean basis remains firm, reflecting continued strong domestic and export demand.


DTN Cash Change From National Contract Change from
Commodity Index Prev Day Avg. Basis Month Prev Day
Corn: $6.50 -$0.14 $0.21 Jul -$0.025
Soybeans: $14.21 $0.10 $0.31 Jul $0.002
SRW Wheat: $6.83 -$0.01 -$0.19 May $0.004
HRW Wheat: $7.17 $0.03 -$0.27 May $0.009
HRS Wheat: $7.83 $0.06 -$0.19 Jul $0.026



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