Midweek Cash Market

Cash cattle prices surge to a record high last week.
Basis firmed for soybeans despite a sharp rise in the cash price.
Basis weakened slightly for corn, soybeans and wheat.
Cash grain prices posted a big jump over the past week.
Basis drops for corn and soybeans on the rollover to the July contracts.
Wheat basis held relatively steady despite the big jump in cash prices.
Corn basis continued to firm seasonally but remains below the three-year average.
Corn basis turns positive but still below average.
Corn basis firmed despite an uptick in the cash price but remains weaker than average.
Corn and soybean basis firmed a little as cash prices weakened.
Cash hogs continue the seasonal price climb.