It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat.
The Dow Jones Industrial Average (DJIA) settled at 39,132, +503.54 points for the week.
Crude oil settled at $76.57, -2.65.
The Dollar Index settled at 103.96, -0.32.
The Baltic Dry Index (a shipping freight-cost index) settled at 1,866, +256 for the week.
Corn
March futures at $3.99¾, -16¾¢ 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 -19H, 1¢ firmer.
Dayton, Ohio Cargill’s spot basis is -5H, steady, $3.95 cash price.
Iowa Falls Poet’s spot basis is 0H, 10¢ weaker, $3.99 cash price.
COT Report (Commitment of Traders)