Grain TV: Cash Basis Levels Decline as Futures Continue Rally
Soybeans continued to surge higher while corn settle with slight losses ahead of Monday’s WASDE report. Cash basis levels declined over the week as growers take advantage of the strong futures market to sell grains.
By Emily Unglesbee DTN Staff Reporter USDA boosted corn acres above pre-report expectations to 94.15 million acres, up 7% from last year. Soybean acres also rose to 83.69 million acres,