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Weekly Basis 3/5/23

The Dow Jones Industrial Average (DJIA) settled at 33,390.97, +574.05 points for the week.

Crude oil settled at $79.85, +$3.40.

The Dollar Index settled at 104.53, -0.73.

The Baltic Dry Index (a shipping freight-cost index) settled at 1,211, +328 for the week.



Below is corn, soybeans and wheat basis outlook this week.

 

Corn


May futures at $6.40¾, -8½¢ for the week.

December futures at $5.71, -5¼¢ for the week.


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