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Weekly Cash Comments

Weekly Cash Commentary for week ending 6/23/2016

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Corn basis was up this week by just under a cent. Soybeans saw an increase in basis to just over 3 cents as grain slumped throughout the week.

Corn basis along the river was up a cent and a half per bushel. A slight improvement considering last week's lower than expected exports report. Ethanol also made a modest improvement this week and was up nearly a cent and a half.

Soybean basis in the river and along the Gulf saw the most movement from last week, up almost 10 cents a bushel. This was followed by a two and a half cent increase in soybean basis. Plant basis was off a half a cent .

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