Weekly Basis 1/4/26
- Wright team
- 44 minutes 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 48,382, -329 points for the week.
Crude oil settled at $57.33, +0.40.
Dollar Index settled at 98.43, +0.38.
Baltic Dry Index (a shipping freight-cost index) settled at 1,882, +5.
Corn
March futures settled at $4.37½, -12½¢ 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 -38H, 1¢ firmer.
Dayton, Ohio Cargill’s spot basis was 10H, steady, $4.48 cash price.
Iowa Falls Poet’s spot basis was -17H, steady, $4.20 cash price.
COT Report (Commitment of Traders, chart below) as of December 23:
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