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Weekly Basis 1/29/23

The Dow Jones Industrial Average (DJIA) settled at 33,978.08, up 602.59 points for the week.

Crude oil settled at $79.38, down $2.31.

The Dollar Index settled at 101.92, down 0.07.

The Baltic Dry Index (a shipping freight-cost index) settled at 676, down 87 for the week.



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

 

Corn


March futures at $6.83, up 6¾¢ for the week.

December futures at $5.87¼, down 8½¢.


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