# Tuesday Morning Basis Comments

> DTN reported national average cash basis for corn at 37 cents under December futures, 1 cent stronger, and soybeans at 65 cents under January futures, 5 cents stronger. Cash indexes showed corn at $4.11 and soybeans at $11.52, with HRW and HRS wheat also quoted.

- Date: 2026-11-03 · published 2026-11-04T09:05:15.005Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/79432-tuesday-morning-basis-comments
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Basis levels show local cash demand relative to futures; a modestly firmer corn and soybean basis signals steady near-term buying interest, with no major change to price direction.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral
- KWHEAT: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2026/11/03/soybean-corn-basis-stronger

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