Daily Soybean Basis May 2008

	NW - I	NC - II	NE - III	SW - IV	SC - V	SE - VI	Basis Average
1	-0.77	-0.86	-0.87	-0.81	-0.79	-0.63	-0.80
2	-0.78	-0.85	-0.86	-0.78	-0.78	-0.63	-0.79
3	-0.78	-0.86	-0.86	-0.80	-0.80	-0.64	-0.81
4
5
6
7	-0.77	-0.85	-0.94	-0.95	-0.76	-0.89	-0.86
8	-0.76	-0.86	-0.88	-0.78	-0.78	-0.63	-0.79
9	-0.73	-0.84	-0.90	-0.72	-0.78	-0.60	-0.78
10	-0.73	-0.84	-0.87	-0.71	-0.78	-0.65	-0.78
11	-0.75	-0.85	-0.84	-0.74	-0.79	-0.55	-0.77
12
13
14	-0.76	-0.84	-0.81	-0.75	-0.80	-0.53	-0.77
15	-0.77	-0.88	-0.81	-0.74	-0.89	-0.48	-0.78
16	-0.77	-0.88	-0.81	-0.72	-0.86	-0.51	-0.78
17	-0.74	-0.86	-0.82	-0.72	-0.86	-0.52	-0.77
18	-0.73	-0.86	-0.84	-0.71	-0.85	-0.61	-0.78
19
20
21	-0.65	-0.72	-0.84	-0.56	-0.69	-0.59	-0.68
22	-0.66	-0.74	-0.84	-0.53	-0.71	-0.58	-0.68
23	-0.67	-0.76	-0.86	-0.54	-0.73	-0.63	-0.70
24	-0.64	-0.76	-0.88	-0.54	-0.74	-0.65	-0.71
25	-0.65	-0.76	-0.90	-0.54	-0.74	-0.67	-0.71
26
27
28	-0.58	-0.73	-0.97	-0.44	-0.71	-0.70	-0.68
29	-0.50	-0.62	-0.90	-0.36	-0.59	-0.62	-0.59
30	-0.48	-0.59	-0.88	-0.29	-0.55	-0.66	-0.57
31	-0.57	-0.63	-0.88	-0.32	-0.57	-0.60	-0.60
Mo Avg	-0.69	-0.79	-0.87	-0.64	-0.75	-0.62	-0.74

Basis determined by using (AUG) contract. Prepared by Iowa Department of Agriculture and Land Stewardship Agricultural Marketing Bureau, Des Moines, Iowa