DTN Daily Basis Comments
Corn, Soybean Basis Continues to Hold Steady
| DTN Cash | Change From | National | Contract | Change from | |
| Commodity | Index | Prev Day | Avg. Basis | Month | Prev Day |
| Corn: | $3.35 | -$0.02 | -$0.23 | Mar | -$0.003 |
| Soybeans: | $8.25 | -$0.01 | -$0.48 | Mar | -$0.003 |
| SRW Wheat: | $4.17 | -$0.01 | -$0.40 | Mar | -$0.001 |
| HRW Wheat: | $3.87 | $0.00 | -$0.57 | Mar | -$0.006 |
| HRS Wheat: | $4.59 | -$0.02 | -$0.26 | Mar | -$0.006 |
The DTN National Corn Index for Friday indicates a national average basis of 23 cents under the Chicago March futures contract, unchanged from Thursday's basis.
SOYBEANS:The DTN National Soybean Index for Friday indicates a national average basis of 48 cents under the Chicago March futures contract, unchanged from Thursday's basis.
SOFT RED WINTER WHEAT:The DTN National Soft Red Winter Wheat Index for Friday indicates a national average basis of 40 cents under the Chicago March futures, unchanged from Thursday's basis.
HARD RED WINTER WHEAT:The DTN National Hard Red Winter Wheat Index for Friday indicates a national average basis of 57 cents under the Kansas City March futures contract, 1 cent weaker than Thursday's basis.
HARD RED SPRING WHEAT:The DTN National Hard Red Spring Wheat Index for Friday indicates a national average basis of 26 cents under the Minneapolis March futures contract, 1 cent weaker than Thursday's basis.
Mary Kennedy can be reached at mary.kennedy@dtn.com
Follow Mary Kennedy on Twitter @MaryCKenn
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