Midweek Cash Market
Corn and soybean basis are both well above their respective three-year averages.
Corn basis continues to firm. The national average cash price is now just shy of $8.
Corn basis firmed along with a rally in futures. Soybean basis declined as futures rallied.
SRW and HRW wheat basis weakens amid strong rally in cash prices.
Basis firmed for both corn and soybean and is well above futures.
Corn and soybean basis strengthens, but cash prices fall.
Choice boxed beef prices extended their recent price decline over the past week.
Corn and soybean basis each dropped over the past week, but the respective cash prices surged.