NEWS
DTN Daily Basis Comments
Mary Kennedy DTN Basis Analyst
Mon Jul 29, 2013 11:00 AM CDT
DAILY BASIS:

DTN Cash Change From National Contract Change from
Commodity Index Prev Day Avg. Basis Month Prev Day
Corn: $5.73 -$0.32 $0.81 Sep -$0.280
Soybeans: $13.07 -$0.11 $0.78 Nov -$0.150
SRW Wheat: $6.23 $0.01 -$0.27 Sep $0.000
HRW Wheat: $6.75 $0.00 -$0.16 Sep $0.010
HRS Wheat: $6.89 -$0.01 -$0.47 Sep $0.000

CORN:

The DTN National Corn Index for Friday indicates a national average basis of 81 cents over the Chicago September futures contract, down 28 cents from Thursday's basis. The corn market began to feel pressure from farmer selling and lower soybeans late last week and closed ...

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