It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat.
Dow Jones Industrial Average Index settled at 44,643, -139.48 points for the week.
Crude oil settled at $67.17, -1.63.
Dollar Index settled at 105.97, -0.25.
Baltic Dry Index (a shipping freight-cost index) settled at 1,167, -131 for the week.
Corn
March futures at $4.40, +7½¢ 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 -24H, 2¢ firmer.
Dayton, Ohio Cargill’s spot basis is even H, steady, $4.40 cash price.
Iowa Falls Poet’s spot basis is -5H, 3¢ weaker, $4.35 cash price.
COT Report (Commitment of Traders, chart below)