Midweek Cash Market
Basis for corn and soybeans slipped over the past week but remains positive to futures.
Corn and soybean basis continues the post-harvest rebound
Soybean basis firmed 3 cents, while corn basis improved 5 1/4 cents.
Soybean basis firmed 6 1/4 cents over the past week to a penny above January futures.
Soybean basis firmed despite the rollover to the January contract, which is around 13 cents above November.
Corn and soybean basis firms seasonally as harvest pressure eases.
Corn and soybean basis both slipped as harvest continues to progress faster than normal and yields are big.
Boxed beef prices continue to fall and are nearing the summer low.
Corn and soybean basis ticks up after extended declines.