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Weekly Basis 10/30/22

The Dow Jones Industrial Average (DJIA) settled at 32,861.80, up 1,779.24 points for the week.

Crude oil settled at $88.38, up $3.24 for the week.

The Dollar Index settled at 110.67, down 1.21 for the week.

The Baltic Dry Index (a shipping freight-cost index) settled at 1,534, down 285 points for the week.



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


 

Corn


December futures at $6.80¾, down $0.03½ for the week.


Basis

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