Midweek Cash Market
Soybean basis slipped a little over the past week, as farmer selling likely picked up, but remains stronger than average.
Corn and soybean basis slipped, but cash prices surged.
Soybean basis slipped only a penny as the cash price surged over $1 during the past week.
Corn basis firmed a penny over the past week as futures rose.
Corn basis firms, soybean basis slips; both remain above futures.
Boxed beef prices strengthened over the past week, while the cash cattle price weakened.
Cash livestock/meat prices start 2022 well above year-ago.
Soybean basis slipped again, but remains well above the three-year average.
Soybean basis slips but remains well above the three-year average.
Corn and soybean basis dropped over the past week but remains above futures.