Weekly Basis 1/11/26
- Wright team
- 1 hour ago
- 5 min read
It's our weekly U.S. grain market analysis and outlook for corn, soybeans and wheat, including traders positioning, basis bids tracking, crush margins, weekly news wrap-up and comments.
Dow Jones Industrial Average Index settled on Friday at 49,504, +1,122 points for the week.
Crude oil settled at $58.78, +1.45.
Dollar Index settled at 99.14, +0.71.
Baltic Dry Index (a shipping freight-cost index) settled at 1,688, -194.
Corn
March futures settled at $4.45¾, +8¼¢ for the week.
Basis (H = March; e.g. 10H means 10¢ over Mar futures) (Futures price + Basis = Cash price)
The US national average basis was -36H, 2¢ firmer.
Dayton, Ohio Cargill’s spot basis was 10H, steady, $4.56 cash price.
Iowa Falls Poet’s spot basis was -15H, 2¢ firmer, $4.30 cash price.
COT Report (Commitment of Traders, chart below):
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