Weekly Cash Commentary for week ending 04/29/2016
Grain basis was flat this week with both corn and soybean basis holding steady at week ago levels.
However, the river markets continue to push basis levels higher as export demand continues to be robust, especially for this time of year. Corn basis at river terminals averaged a 2-cent advance on the week while soybean basis was up only modestly.
relati最终用户作为一个群体vely flat this week with no significant change in corn or soybean plant basis on the week.
The risk of trading futures, hedging, and speculating can be substantial. Grain Hedge is a Branch of Foremost Trading LLC (NFA ID: 030793
US Corn Price Idx:ZCPAUS.CM
open: 7.1928
high: 7.2696
low: 7.1928
close: 7.2655
US Soybean Price Idx:ZSPAUS.CM
open: 16.4322
high: 16.629
low: 16.3972
close: 16.5898
US Hard Red Winter Wheat Price Idx:KEPAUS.CM
open: 10.133
high: 10.2858
low: 9.9793
close: 10.2355
US Soft Red Winter Wheat Price Idx:ZWPAUS.CM
open: 10.1704
high: 10.3439
low: 10.0264
close: 10.293
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