Weekly Basis 1/25/26
- Wright team
- Jan 25
- 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 49,099, -261 points for the week.
Crude oil settled at $61.28, +1.98.
Dollar Index settled at 97.46, -1.92.
Baltic Dry Index (a shipping freight-cost index) settled at 1,762, +230.
Corn
March futures settled at $4.30½, +5¾¢ 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 -35H, 1¢ firmer.
Dayton, Ohio Cargill’s spot basis was 15H, 5¢ firmer, $4.46 cash price.
Iowa Falls Poet’s spot basis was -15H, 2¢ weaker, $4.15 cash price.
COT Report (Commitment of Traders, chart below):
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