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
Livestock values continue to climb
Corn and soybean basis firmed as cash prices dropped.
Basis for soybeans rolled to August, while it rolled to September for corn and wheat.