NEWS
DTN Daily Basis Comments
Mary Kennedy DTN Basis Analyst
Fri May 3, 2013 11:28 AM CDT
DAILY BASIS:

DTN Cash Change From National Contract Change from
Commodity Index Prev Day Avg. Basis Month Prev Day
Corn: $6.87 $0.16 $0.25 Jul $0.006
Soybeans: $14.16 -$0.01 $0.44 Jul -$0.004
SRW Wheat: $7.04 $0.07 -$0.25 Jul -$0.005
HRW Wheat: $7.63 $0.08 -$0.27 Jul -$0.009
HRS Wheat: $8.02 $0.09 -$0.24 Jul -$0.004

CORN:

The DTN National Corn Index for Thursday indicates a national average basis of 25 cents over the Chicago July futures contract, unchanged from Wednesday's basis. The corn basis was mostly steady throughout the Midwest as the cash price rose on the strength in futures as ...

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