It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat.
Dow Jones Industrial Average Index settled at 42,840, -987.80 points for the week.
Crude oil settled at $69.58, -1.51.
Dollar Index settled at 107.81, +0.87.
Baltic Dry Index (a shipping freight-cost index) settled at 990, -61 for the week.
Corn
March futures at $4.46¼, +4¼¢ 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 -27H, 1¢ weaker.
Dayton, Ohio Cargill’s spot basis is even H, steady, $4.46 cash price.
Iowa Falls Poet’s spot basis is -8H, 5¢ firmer, $4.38 cash price.
COT Report (Commitment of Traders, chart below)