# Basis & Spread Trades Can Add to Your Bottom Line - AgWeb

> A market commentary notes another week of good weather across most of the Corn Belt pushed corn prices down each day, nearly $1 per bushel below the prior week's high. The market appears to be trading a national average yield of 177 bushels, with attention on Dakota and western Minnesota rainfall and the August USDA report. The article is an opinion piece on basis and spread trading strategies.

- Date: 2021-07-13 · published 2021-07-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7777-basis-and-spread-trades-can-add-to-your-bottom-line-agweb
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Favorable weather and expectations of a high national yield pressure corn futures lower, which can ease feed grain costs for buyers. Basis levels around local end users will shape the cash price farmers and feed buyers face.

## Read by commodity

- CORN: bearish ▼

## Sources

- agweb.com: https://www.agweb.com/opinion/basis-spread-trades-can-add-your-bottom-line

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.