Midweek Cash Market
Basis has made significant improvement for consecutive weeks
Strengthening basis in portions of the country outweighs the widening in the Dakota’s
Cash cattle values were also down from the previous week
National soybean basis is 15 cents weaker than the three-year average
The cash cattle market shows beginning signs of cooling
National soybean basis continues to drop
Soybeans saw the largest swing in basis among major grains
Prices lower as harvest progresses well
Prices continue to track well above last year