NEWS
DTN Daily Basis Comments
Wed Oct 1, 2014 11:03 AM CDT
DAILY BASIS:

DTN Cash Change From National Contract Change from
Commodity Index Prev Day Avg. Basis Month Prev Day
Corn: $2.84 -$0.06 -$0.37 Dec -$0.008
Soybeans: $8.57 -$0.12 -$0.57 Nov -$0.014
SRW Wheat: $4.28 -$0.04 -$0.50 Dec -$0.005
HRW Wheat: $5.10 -$0.07 -$0.48 Dec $0.012
HRS Wheat: $5.25 -$0.07 -$0.08 Dec -$0.014

CORN:

The DTN National Corn Index for Tuesday indicates a national average basis of 37 cents under the Chicago December futures contract, 1 cent weaker from Monday's basis. The corn market found a new five-year low after USDA estimated corn stocks at 1.236 billion bushels, higher than ...

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