The Dow Jones Industrial Average (DJIA) settled at 33,734.88, -672.72 points for the week.
Crude oil settled at $73.67, +3.22.
The Dollar Index settled at 102.27, -0.65.
The Baltic Dry Index (a shipping freight-cost index) settled at 1,009, -82 points for the week.
Below is corn, soybeans and wheat basis outlook this week.
Corn
September futures at $4.87¼, -1¼¢ for the week.
December futures at $4.94½, -½¢ for the week.
Basis (U = September; e.g. 10U means 10¢ over September futures) (Futures price + Basis = Cash price)
The US national average basis is 41U, 1¢ weaker.
Dayton, Ohio Cargill’s spot basis is 80U, no bids last week, $5.67 cash price.
Iowa Falls Poet’s spot basis is 80U, 10¢ firmer, $5.67 cash price.
COT Report (Commitment of Traders)