Daily Basis Update

2021-12-08T16:17:23-06:00December 8th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, December 8. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 12.85 cents under March futures This was 0.08 cent stronger for the day and 1.05 [...]

Daily Basis Update

2021-12-07T16:21:40-06:00December 7th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, December 7. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 12.93 cents under March futures This was 0373 cent stronger for the day and 2.19 [...]

Soybean Basis: Stability

2021-12-07T09:24:17-06:00December 7th, 2021|Basis|

There is a lot happening in the soybean market at this time, some of it likely concerning to long-term market bulls. However, in this sea of instability we find the 2021-2022 basis market (thick green line) remains stable with the [...]

Daily Basis Update

2021-12-06T16:20:48-06:00December 6th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, December 6. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 13.30 cents under March futures This was 0.23 cent stronger for the day and 2.19 [...]

Corn Basis: Strong into Winter

2021-12-06T09:57:45-06:00December 6th, 2021|Basis|

The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 13.5 cents under March futures last Friday, 5.5 cents stronger than my theoretical calculation the previous Friday using the cmdty National Corn Price Index (NCPI, weighted national [...]

Daily Basis Update

2021-12-03T16:19:45-06:00December 3rd, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Friday, December 3. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 13.53 cents under March futures This was 0.12 cent stronger for the day and 5.46 [...]

Daily Basis Update

2021-12-02T16:20:28-06:00December 2nd, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, December 2. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 13.65 cents under March futures This was 0.25 cent stronger for the day and 6.48 [...]

Daily Basis Update

2021-12-01T16:24:12-06:00December 1st, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, December 1. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 13.90 cents under March futures This was 1.22 cents stronger for the day and 6.23 [...]

Daily Basis Update

2021-11-30T16:18:35-06:00November 30th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, November 30. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 14.61 cents under December futures This was 0.37 cent weaker for the day and 0.33 [...]

Soybean Basis: Smooth Operator

2021-11-30T07:28:39-06:00November 30th, 2021|Basis|

The cmdty National Soybean Basis Index (NSBI, weighted national average) has continued on with its smooth sailing, calculated Monday afternoon at 36.1 cents under January futures. This was little changed from last Friday's calculation, keeping the 2021-2022 basis market (green [...]

Daily Basis Update

2021-11-29T16:20:13-06:00November 29th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, November 29. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 14.24 cents under December futures This was 0.25 cent weaker for the day but 0.38 [...]

Corn Basis: Transition

2021-11-29T05:12:43-06:00November 29th, 2021|Basis|

The end of November early this week means the cmdty National Corn Basis Index (NCBI, weighted national average) will be transitioning from its calculation versus the December contract to the March issue. Last Friday's final calculation against the December came [...]

Daily Basis Update

2021-11-29T05:01:39-06:00November 29th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Friday, November 26. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 13.99 cents under December futures This was 0.34 cent stronger for the day and 0.70 [...]

Daily Basis Update

2021-11-24T16:19:26-06:00November 24th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, November 24. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 14.37 cents under December futures This was 0.19 cent weaker for the day but 1.11 [...]

Daily Basis Update

2021-11-23T16:16:39-06:00November 23rd, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, November 23. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 14.18 cents under December futures This was 0.44 cent stronger for the day and 1.58 [...]

Daily Basis Update

2021-11-22T16:25:06-06:00November 22nd, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, November 22. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 14.62 cents under December futures This was 0.07 cent stronger for the day and 1.61 [...]

Daily Basis Update

2021-11-19T16:25:26-06:00November 19th, 2021|Basis|

The cmdty National Basis Indexes[i] have been calculated for Friday, November 19. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 14.69 cents under December futures This was 0.42 cent stronger for the day and 2.33 [...]

Daily Basis Update

2021-11-18T16:16:38-06:00November 18th, 2021|Basis|

The cmdty National Basis Indexes[i] have been calculated for Thursday, November 18. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 15.11 cents under December futures This was 0.37 cent stronger for the day and 2.41 [...]

Daily Basis Update

2021-11-17T16:18:19-06:00November 17th, 2021|Basis|

The cmdty National Basis Indexes[i] have been calculated for Wednesday, November 17. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 15.48 cents under December futures This was 0.28 cent stronger for the day and 1.87 [...]

Daily Basis Update

2021-11-16T16:16:16-06:00November 16th, 2021|Basis|

The cmdty National Basis Indexes[i] have been calculated for Tuesday, November 16. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 15.76 cents under December futures This was 0.47 cent stronger for the day and 1.81 [...]

Daily Basis Update

2021-11-15T16:19:08-06:00November 15th, 2021|Basis|

The cmdty National Basis Indexes[i] have been calculated for Monday, November 15. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 16.23 cents under December futures This was 0.79 cent stronger for the day and 1.63 [...]

Daily Basis Update (Friday)

2021-11-15T06:37:15-06:00November 15th, 2021|Basis|

The cmdty National Basis Indexes[i] have been calculated for Friday, November 12. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 17.02 cents under December futures This was 0.5 cent stronger for the day and 0.36 [...]

Daily Basis Update

2021-11-11T16:19:17-06:00November 11th, 2021|Basis|

The cmdty National Basis Indexes[i] have been calculated for Thursday, November 11. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 17.52 cents under December futures This was 0.17 cent weaker for the day and 0.10 [...]

Daily Basis Update

2021-11-10T16:18:05-06:00November 10th, 2021|Basis|

The cmdty National Basis Indexes[i] have been calculated for Wednesday, November 10. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 17.35 cents under December futures This was 0.22 cent stronger for the day and 0.16 [...]

HRW Wheat: Holding Steady

2021-11-10T07:22:40-06:00November 10th, 2021|Basis|

Of all the aspects of the three wheat markets (basis, cash, futures spreads, futures) the cmdty National HRW Wheat Basis Index (HWBI, weighted national average) remains a constant. The 2021-2022 marketing year HWBI (green line) continues to hold above its [...]

Daily Basis Update

2021-11-09T16:21:14-06:00November 9th, 2021|Basis|

The cmdty National Basis Indexes[i] have been calculated for Tuesday, November 9. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 17.57 cents under December futures This was 0.29 cent stronger for the day but 0.43 [...]

Soybean Basis: The Rock

2021-11-09T05:10:25-06:00November 9th, 2021|Basis|

There is one constant, one rock in the swirling sea of uncertainty that is the soybean market these days, national average basis. As the futures market broke below previous 4-week lows Monday and futures spreads continue to see carry strengthen, [...]

Daily Basis Update

2021-11-08T16:24:32-06:00November 8th, 2021|Basis|

The cmdty National Basis Indexes[i] have been calculated for Monday, November 8. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 17.86 cents under December futures This was 0.48 cent weaker for the day and 0.32 [...]

Corn Basis: Running On

2021-11-08T07:10:50-06:00November 8th, 2021|Basis|

My calculation of national average corn basis came in at 14 cents under December futures last Friday, keeping the 2021-2022 marketing year (green line) running on or above the previous 5-year high weekly closes (red line). Last week's previous high [...]

Daily Basis Update

2021-11-07T15:37:26-06:00November 7th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Friday, November 5. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 17.38 cents under December futures This was 0.04 cent stronger for the day and 1.71 [...]

Daily Basis Update

2021-11-04T16:34:26-05:00November 4th, 2021|Basis|

The cmdty National Basis Indexes[i] have been calculated for Thursday, November 4. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 17.42 cents under December futures This was 0.09 cent stronger for the day and 1.77 [...]

HRW Wheat Basis: Still Strong

2021-11-04T08:50:45-05:00November 4th, 2021|Basis|

The cmdty National HRW Wheat Basis Index (HWBI, weighted national average) continues to run strong with the 2021-2022 market (green line) holding well above the previous 5-year highs. Wednesday saw the HWBI calculated at 20.4 cents under December Kansas City [...]

Daily Basis Update

2021-11-03T16:25:23-05:00November 3rd, 2021|Basis|

The cmdty National Basis Indexes[i] have been calculated for Wednesday, November 3. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 17.51 cents under December futures This was 0.37 cent weaker for the day but 2.07 [...]

Daily Basis Update

2021-11-02T16:21:27-05:00November 2nd, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, November 2. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 17.14 cents under December futures This was 0.40 cent stronger for the day and 3.12 [...]

Daily Basis Update

2021-11-01T16:26:09-05:00November 1st, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, November 1. There are days that don't make sense. We have to acknowledge them, have a drink. and move on. Today's basis calculations are just such a day. The cmdty [...]

Corn Basis: Staying Strong

2021-11-01T07:21:49-05:00November 1st, 2021|Basis|

The corn basis market was impressive last week, with my calculation of national average basis coming in at 16.8 cents under December futures as compared to the previous Friday's 17.7 cents under. This despite December futures rallying 30.25 cents for [...]

Daily Basis Update

2021-10-30T09:37:53-05:00October 30th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Friday, October 29. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 19.09 cents under December futures This was 0.1 cent stronger for the day and 2.12 [...]

Daily Basis Update

2021-10-28T16:18:01-05:00October 28th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, October 28. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 19.19 cents under December futures This was 0.39 cent stronger for the day and 2.06 [...]

Daily Basis Update

2021-10-27T16:16:47-05:00October 27th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, October 27. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 19.58 cents under December futures This was 0.68 cent stronger for the day and 1.48 [...]

Spring Wheat Basis: Stage 1

2021-10-27T06:45:16-05:00October 27th, 2021|Basis|

As I've been talking about frequently of late, I'm growing more concerned over the direction of the cmdty National HRS Wheat Basis Index (HSBI, weighted national average). Tuesday's calculation came in at 55 cents under December futures, dropping the 2021-2022 [...]

Daily Basis Update

2021-10-26T16:17:48-05:00October 26th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, October 26. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 20.26 cents under December futures This was 0.69 cent stronger for the day and 0.28 [...]

Daily Basis Update

2021-10-25T16:25:51-05:00October 25th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, October 25. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 20.95 cents under December futures This was 0.36 cent stronger for the day but 0.4 [...]

Daily Basis Update

2021-10-22T16:40:24-05:00October 22nd, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Friday, October 22. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 21.31 cents under December futures This was 0.06 cent weaker for the day and 0.79 [...]

Daily Basis Update

2021-10-21T16:19:11-05:00October 21st, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, October 21. Like salt in the wound of market bulls (myself included), national average basis was weaker nearly across the board following the selloff in futures. The cmdty National Corn [...]

Daily Basis Update

2021-10-20T16:19:07-05:00October 20th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, October 20. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 21.06 cents under December futures This was 0.48 cent weaker for the day and 0.51 [...]

Daily Basis Update

2021-10-19T16:23:32-05:00October 19th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, October 19. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 20.58 cents under December futures This was 0.03 cent weaker for the day but 0.02 [...]

Corn Basis: Holding Steady

2021-10-19T10:47:43-05:00October 19th, 2021|Basis|

My calculation of national average corn basis came in at 16.9 cents under December futures Monday evening, slightly stronger than last Friday's calculation of 17.1 cents under. What made this more impressive was it came after December futures closed 7 [...]

Daily Basis Update

2021-10-18T16:22:53-05:00October 18th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, October 18. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 20.55 cents under December futures This was 0.03 cent weaker for the day but 0.3 [...]

Daily Basis Update

2021-10-17T13:45:00-05:00October 17th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Friday, October 15. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 20.52 cents under December futures This was 0.13 cent weaker for the day but 0.63 [...]

Daily Basis Update

2021-10-14T16:17:57-05:00October 14th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, October 14. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 20.39 cents under December futures This was 0.16 cent stronger for the day and 1.43 [...]

Daily Basis Update

2021-10-13T16:22:32-05:00October 13th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, October 13. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 20.55 cents under December futures This was 0.05 cent stronger for the day and 1.43 [...]

Daily Basis Update

2021-10-12T16:47:29-05:00October 12th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, October 12. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 20.60 cents under December futures This was 0.25 cent stronger for the day and 2.25 [...]

Daily Basis Update

2021-10-11T16:18:33-05:00October 11th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, October 11. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 20.85 cents under December futures This was 0.30 cent stronger for the day and 2.42 [...]

Corn Basis: Staying Strong

2021-10-11T07:21:36-05:00October 11th, 2021|Basis|

Heading into the latest harvest weekend last Friday, my weekly calculation of 2021-2022 national average corn basis (green line) came in at 17.6 cents under December futures. This was 1.6 cents stronger for the week and well above the previous [...]

Daily Basis Update

2021-10-09T07:20:55-05:00October 9th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Friday, October 8. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 21.15 cents under December futures This was 0.67 cent stronger for the day and 2.0 [...]

Daily Basis Update

2021-10-07T16:22:05-05:00October 7th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, October 7. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 21.82 cents under December futures This was 0.16 cent stronger for the day and 0.93 [...]

Daily Basis Update

2021-10-06T16:19:50-05:00October 6th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, October 6. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 21.98 cents under December futures This was 0.87 cent stronger for the day (I mistakenly [...]

Daily Basis Update

2021-10-05T16:21:38-05:00October 5th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, October 5. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 21.85 cents under December futures This was 0.42 cent stronger for the day and 3.08 [...]

Daily Basis Update

2021-10-04T16:24:26-05:00October 4th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, October 4. The cmdty National Corn Basis Index (NCBI, weighted national average) was calculated at 23.27 cents under December futures This was 0.12 cent weaker for the day and 4.43 [...]

Daily Basis Update

2021-10-02T08:35:41-05:00October 2nd, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Friday, October 1. Back by popular demand, I'm firing up the Daily Basis Updates once again. I appreciate your patience over the last month as I waited to see if the [...]

Daily Basis Update

2021-09-01T16:54:18-05:00September 1st, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, September 1. I thought both the basis and price indexes would work themselves out with the turn of the calendar page to September. I was incorrect. The situation is more [...]

Daily Basis Update

2021-08-31T16:27:18-05:00August 31st, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, August 31. The cmdty National Corn Basis Index was calculated at 45.93 cents over September futures This was 1.73 cent stronger for the day and 9.23 cents weaker than last [...]

Daily Basis Update

2021-08-30T16:21:24-05:00August 30th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, August 30. The cmdty National Soybean Basis Index was calculated at 29.20 cents under September futures This was 30.26 cents stronger for the day but 7.84 cents weaker than last [...]

Daily Basis Update

2021-08-27T16:17:41-05:00August 27th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Friday, August 27. The cmdty National Soybean Basis Index was calculated at 59.46 cents under September futures This was 4,98 cents stronger for the day but 38.12 cents weaker than last [...]

Daily Basis Update

2021-08-26T16:28:36-05:00August 26th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, August 26. As I said in Afternoon Commentary, the calculation of the cmdty National Soybean Basis Index was destined to provide some late comic relief. Remember folks, Soybean Basis Silly [...]

Daily Basis Update

2021-08-25T16:16:22-05:00August 25th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, August 25. The cmdty National Corn Basis Index was calculated at 52.46 cents over September futures This was 2.7 cents weaker for the day and 7.46 cents weaker than last [...]

Daily Basis Update

2021-08-24T16:31:32-05:00August 24th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, August 24. The cmdty National Corn Basis Index was calculated at 55.16 cents over September futures This was 1.23 cents weaker for the day and 5.90 cents weaker than last [...]

Daily Basis Update

2021-08-23T16:15:43-05:00August 23rd, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, August 23. The cmdty National Corn Basis Index was calculated at 56.39 cents over September futures This was 1.69 cents weaker for the day and 4.93 cents weaker than last [...]

Daily Basis Update

2021-08-19T16:18:26-05:00August 19th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, August 19. The cmdty National Corn Basis Index was calculated at 58.78 cents over September futures This was 1.14 cents weaker for the day and 5.01 cents weaker than last [...]

Daily Basis Update

2021-08-18T16:16:05-05:00August 18th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, August 18. The cmdty National Corn Basis Index was calculated at 59.92 cents over September futures This was 1.14 cents weaker for the day and 6.09 cents weaker than last [...]

Daily Basis Update

2021-08-17T16:19:36-05:00August 17th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, August 17. The cmdty National Corn Basis Index was calculated at 61.06 cents over September futures This was 0.26 cent weaker for the day and 6.22 cents weaker than last [...]

Daily Basis Update

2021-08-16T16:49:33-05:00August 16th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, August 16. It was another red-number day across the board for price and basis indexes Monday. The cmdty National Corn Basis Index was calculated at 61.32 cents over September futures [...]

Daily Basis Update

2021-08-14T09:12:38-05:00August 14th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Friday, August 13. Friday was definitely not a lucky day for US basis markets. The cmdty National Corn Basis Index was calculated at 62.25 cents over September futures This was 1.54 [...]

Daily Basis Update

2021-08-12T16:18:37-05:00August 12th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, August 12. The cmdty National Corn Basis Index was calculated at 63.79 cents over September futures This was 2.22 cents weaker for the day and 4.61 cents weaker than last [...]

Daily Basis Update

2021-08-11T16:21:15-05:00August 11th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, August 11. The cmdty National Corn Basis Index was calculated at 66.01 cents over September futures This was 1.27 cents weaker for the day and 2.23 cents weaker than last [...]

Daily Basis Update

2021-08-10T16:21:42-05:00August 10th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, August 10. The cmdty National Corn Basis Index was calculated at 67.28 cents over September futures This was 0.18 cent weaker for the day and 1.13 cents weaker than last [...]

Daily Basis Update

2021-08-09T16:19:03-05:00August 9th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, August 9. There is a lot of red on the cmdty National Index sheet Monday. The cmdty National Corn Basis Index was calculated at 67.46 cents over September futures This [...]

Corn Basis: Still the Same

2021-08-09T09:16:05-05:00August 9th, 2021|Basis|

There wasn't much change last week in national average corn basis, with the cmdty National Corn Basis Index calculated Friday at 67.9 cents over September futures. As this seasonal CUB* chart shows national average basis weakened 6.7 cents last week [...]

Daily Basis Update

2021-08-07T09:49:23-05:00August 7th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Friday, August 6. The cmdty National Corn Basis Index was calculated at 67.88 cents over September futures This was 0.52 cent weaker for the day and 6.7 cents weaker than last [...]

Daily Basis Update

2021-08-05T16:19:47-05:00August 5th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, August 5. The cmdty National Corn Basis Index was calculated at 68.40 cents over September futures This was 0.16 cent stronger for the day but 5.73 cents weaker than last [...]

Daily Basis Update

2021-08-04T16:39:04-05:00August 4th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, August 4. The cmdty National Corn Basis Index was calculated at 68.24 cents over September futures This was 0.17 cent weaker for the day and 6.54 cents weaker than last [...]

Daily Basis Update

2021-08-03T16:22:20-05:00August 3rd, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, August 3. The cmdty National Corn Basis Index was calculated at 68.41 cents over September futures This was 0.74 cent stronger for the day but 6.7 cents weaker than last [...]

Daily Basis Update

2021-08-02T16:23:45-05:00August 2nd, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, August 2. The cmdty National Corn Basis Index was calculated at 67.67 cents over September futures This was 6.91 cents weaker for the day and 7.44 cents weaker than last [...]

Daily Basis Update

2021-07-31T09:38:11-05:00July 31st, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Friday, July 30. The cmdty National Corn Basis Index was calculated at 74.43 cents over September futures This was 0.30 cent stronger for the day but 0.98 cent weaker than last [...]

Daily Basis Update

2021-07-29T16:22:04-05:00July 29th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, July 29. The cmdty National Corn Basis Index was calculated at 74.13 cents over September futures This was 0.65 cent weaker for the day and 1.85 cents weaker than last [...]

Daily Basis Update

2021-07-28T16:22:57-05:00July 28th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, July 28. The cmdty National Corn Basis Index was calculated at 74.78 cents over September futures This was 0.40 cent weaker for the day and 1.72 cents weaker than last [...]

Daily Basis Update

2021-07-27T17:39:31-05:00July 27th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, July 27. The cmdty National Corn Basis Index was calculated at 75.18 cents over September futures This was 0.07 cent stronger for the day but 1.65 cents weaker than last [...]

Daily Basis Update

2021-07-26T16:17:11-05:00July 26th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, July 26. The cmdty National Corn Basis Index was calculated at 75.11 cents over September futures This was 0.45 cent weaker for the day and 1.72 cents weaker than last [...]

Daily Basis Update

2021-07-22T16:17:48-05:00July 22nd, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, July 22. The cmdty National Corn Basis Index was calculated at 75.98 cents over September futures This was 0.52 cent weaker for the day and 2.18 cents weaker than last [...]

Daily Basis Update

2021-07-21T16:20:17-05:00July 21st, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, July 21. The cmdty National Corn Basis Index was calculated at 76.50 cents over September futures This was 0.33 cent weaker for the day and 2.36 cents weaker than last [...]

Daily Basis Update

2021-07-20T16:18:29-05:00July 20th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, July 120. The cmdty National Corn Basis Index was calculated at 76.83 cents over September futures This was unchanged for the day and 3.58 cents weaker than last Tuesday The [...]

Daily Basis Update

2021-07-19T16:21:34-05:00July 19th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, July 19. The cmdty National Corn Basis Index was calculated at 76.83 cents over September futures This was 0.46 cent weaker for the day and 3.48 cents weaker than last [...]

Daily Basis Update

2021-07-16T16:43:07-05:00July 16th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Friday, July 16. The cmdty National Corn Basis Index was calculated at 77.29 cents over September futures This was 0.87 cent weaker for the day and 3.08 cents weaker than last [...]

Daily Basis Update

2021-07-15T16:22:24-05:00July 15th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, July 15. The cmdty National Corn Basis Index was calculated at 78.16 cents over September futures This was 1.7 cents weaker for the day and 2.27 cents weaker than last [...]

Daily Basis Update

2021-07-15T08:01:10-05:00July 14th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, July 14. The cmdty National Corn Basis Index was calculated at 79.86 cents over September futures This was 0.55 cent weaker for the day and 0.92 cent weaker than last [...]

Daily Basis Update

2021-07-13T16:17:57-05:00July 13th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, July 13. The cmdty National Corn Basis Index was calculated at 80.41 cents over September futures This was 0.10 cent stronger for the day but 0.29 cents weaker than last [...]

Daily Basis Update

2021-07-12T16:16:51-05:00July 12th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, July 12. The cmdty National Corn Basis Index was calculated at 80.31 cents over September futures This was 0.06 cent weaker for the day and 1.34 cents weaker than last [...]

Daily Basis Update

2021-07-09T16:19:12-05:00July 9th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Friday, July 9. The cmdty National Corn Basis Index was calculated at 80.37 cents over September futures This was 0.06 cent weaker for the day and 1.99 cents weaker than last [...]

Daily Basis Update

2021-07-08T16:21:14-05:00July 8th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, July 8. The cmdty National Corn Basis Index was calculated at 80.43 cents over September futures This was 0.35 cent weaker for the day and 4.53 cents weaker than last [...]

Daily Basis Update

2021-07-07T16:14:26-05:00July 7th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, July 7. As I’ve been talking about, the basis market Silly Season is now in full swing. Back when I was merchandising grain, I dreaded July and August, from a [...]

Daily Basis Update

2021-07-06T16:16:04-05:00July 6th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, July 6. As I’ve been talking about, the basis market Silly Season is now in full swing. Back when I was merchandising grain, I dreaded July and August, from a [...]

Daily Basis Update

2021-07-01T16:21:23-05:00July 1st, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, July 1. As I've been talking about, the basis market Silly Season is now in full swing. Back when I was merchandising grain, I dreaded July and August, from a [...]

Daily Basis Update

2021-06-30T16:21:06-05:00June 30th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, June 30. The cmdty National Corn Basis Index was calculated at 32.82 cents under July futures This was 10.82 cents stronger for the day but 16.08 cents weaker than last [...]

Daily Basis Update

2021-06-29T16:23:34-05:00June 29th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, June 28. The cmdty National Corn Basis Index was calculated at 43.64 cents under July futures This was 16.52 cents weaker for the day and 36.98 cents weaker than last [...]

Daily Basis Update

2021-06-28T16:48:29-05:00June 28th, 2021|Basis|

Just a reminder we have entered one of the, well, sillier times of the year for talking about national average basis as July futures move toward delivery. Corn: The roll from July to September is a roll from old-crop to [...]

Daily Basis Update

2021-06-28T07:33:42-05:00June 28th, 2021|Basis|

The cmdty National Basis Indexes calculated for Friday, June 25. The cmdty National Corn Basis Index was calculated at 17.67 cents under July futures This was 3.04 cents weaker for the day and 22.27 cents weaker for the week The [...]

Daily Basis Update

2021-06-24T16:36:44-05:00June 24th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, June 24. The cmdty National Corn Basis Index was calculated at 14.63 cents under July futures This was 2.11 cents stronger for the day but 19.37 cents weaker than last [...]

Daily Basis Update

2021-06-23T16:21:53-05:00June 23rd, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, June 23. The cmdty National Corn Basis Index was calculated at 16.74 cents under July futures This was 10.18 cents weaker for the day and 21.00 cents weaker than last [...]

Daily Basis Update

2021-06-22T16:30:18-05:00June 22nd, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, June 22. The cmdty National Corn Basis Index was calculated at 6.66 (how ominous is that?) cents UNDER July futures This was 9.14 cents weaker for the day and 12.95 [...]

Soybean Basis: Perspective

2021-06-22T08:23:26-05:00June 22nd, 2021|Basis|

I've talked a great deal of late about the continued weakening of the cmdty National Soybean Basis Index (NSBI, weighted national average). Indeed, the NSBI has fallen well off its high weekly close of 9.4 cents over July futures from [...]

Daily Basis Update

2021-06-21T16:21:26-05:00June 21st, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, June 21. The cmdty National Corn Basis Index was calculated at 2.48 cents over July futures This was 2.12 cents weaker for the day and 4.41 cents weaker than last [...]

Daily Basis Update

2021-06-18T16:19:51-05:00June 18th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Friday, June 18. The cmdty National Corn Basis Index was calculated at 4.60 cents over July futures This was 0.14 cent weaker for the day and 2.78 cents weaker for the [...]

Daily Basis Update

2021-06-17T16:36:32-05:00June 17th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, June 17. The cmdty National Corn Basis Index was calculated at 4.74 cents over July futures This was 1.00 cent weaker for the day and 2.85 cents weaker than last [...]

Daily Basis Update

2021-06-16T16:18:53-05:00June 16th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, June 16. The cmdty National Soybean Basis Index was calculated at 32.6 cents under July futures This was 3.05 cents weaker for the day and 5.97 cents weaker than last [...]

Daily Basis Update

2021-06-15T16:21:10-05:00June 15th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, June 15. The cmdty National Corn Basis Index was calculated at 6.29 cents over July futures This was 0.6 cent weaker for the day and 2.62 cents weaker than last [...]

Daily Basis Update

2021-06-14T16:18:55-05:00June 14th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Monday, June 14. The cmdty National Corn Basis Index was calculated at 6.89 cents over July futures This was 0.49 cent weaker for the day and 2.66 cents weaker than last [...]

Daily Basis Update

2021-06-11T16:17:14-05:00June 11th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Friday, June 11. The cmdty National Soybean Basis Index was calculated at 24.35 cents under July futures This was 1.3 cents stronger for the day and 0.23 cent weaker for the [...]

Daily Basis Update

2021-06-10T16:17:29-05:00June 10th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Thursday, June 10. The cmdty National Soybean Basis Index was calculated at 25.65 cents under July futures This was 0.98 cent stronger for the day and 5.08 cents weaker than last [...]

Daily Basis Update

2021-06-09T16:32:27-05:00June 9th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Wednesday, June 9. The cmdty National Soybean Basis Index was calculated at 26.63 cents under July futures This was 1.14 cents weaker for the day and 7.07 cents weaker than last [...]

Daily Basis Update

2021-06-08T16:20:49-05:00June 8th, 2021|Basis|

The cmdty National Basis Indexes have been calculated for Tuesday, June 8. The cmdty National Soybean Basis Index was calculated at 25.49 cents under July futures This was 2.28 cents weaker for the day and 7.11 cents weaker than last [...]

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