Weekly Basis 10/19/25
- Wright team
- 17 hours ago
- 4 min read
It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat.
Dow Jones Industrial Average Index settled on Friday at 46,191, +711 points for the week.
Crude oil settled at $57.64, -0.60.
Dollar Index settled at 98.54, -0.31.
Baltic Dry Index (a shipping freight-cost index) settled at 2,069, +133.
Corn
December futures settled at $4.22½, +9½¢ for the week.
Basis (Z = December; e.g. 10Z means 10¢ over Dec futures) (Futures price + Basis = Cash price)
The US national average basis was -41Z, steady.
Dayton, Ohio Cargill’s spot basis was -20Z, 5¢ weaker, $4.03 cash price.
Iowa Falls Poet’s spot basis was -32Z, steady, $3.90 cash price.
Crush Margin
Corn Ethanol Crush Margin was $3.27, $3.38 a week ago and $2.07 a year ago.
The price of corn subtracted from the value of processed products = ethanol crush margin.
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