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Weekly Basis 01/22/2022

The Dow Jones Industrial Average settled at 34,265.37, down 1,646.44 points for the week.

Crude oil is at $84.86 late Friday, up 59 cents for the week.

The dollar index is at 95.63, up 0.46 for the week.

March (H) corn settled Friday at $6.16¼, up 20 cents for the week.

Dayton, Ohio Cargill is paying $6.16 for corn, even with the March futures, which is a steady basis with a week ago. Their fall delivery basis is steady at 30 under the December futures.

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