It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat.
Dow Jones Industrial Average Index settled at 43,828, -814.46 points for the week.
Crude oil settled at $71.09, +3.92.
Dollar Index settled at 106.94, +0.97.
Baltic Dry Index (a shipping freight-cost index) settled at 1,051, -116 for the week.
Corn
March futures at $4.42, +2¢ for the week.
Basis (H = March; e.g. 10H means 10¢ over March futures) (Futures price + Basis = Cash price)
The US national average basis is -26H, 2¢ weaker.
Dayton, Ohio Cargill’s spot basis is even H, steady, $4.42 cash price.
Iowa Falls Poet’s spot basis is -13H, 8¢ weaker, $4.29 cash price.
COT Report (Commitment of Traders, chart below)