Midweek Cash Market
Soybean basis turns negative for the first time this year.
Corn and soybean basis drops sharply as harvest gets an early start in some areas.
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Corn and soybean basis is stronger than the respective three-year averages.
Basis firmed a little for both corn and soybeans over the past week.
Basis remains positive for both corn and soybeans, though below the respective three-year averages.
Soybean basis is in line with the three-year average.
Cash hog and pork product prices continue to climb seasonally.
Corn and soybean basis are now both below the three-year averages.
Soybean basis dropped sharply amid the surge in futures, but the average cash price still rose sharply.