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Weekly Basis 1/8/23

The Dow Jones Industrial Average (DJIA) settled at 33,630.61, up 483.36 points for the week.

Crude oil settled at $73.73, down $6.78.

The Dollar Index settled at 103.91, up 0.42.

The Baltic Dry Index (a shipping freight-cost index) settled at 1,130, down 385 for the week.



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

 

Corn


March futures at $6.54 down $0.24½ for the week.


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