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Weekly Basis 11/16/25

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 47,147, +160 points for the week.

Crude oil settled at $59.95, +0.11.

Dollar Index settled at 99.27, -0.29.

Baltic Dry Index (a shipping freight-cost index) settled at 2,125, +21.



Corn


December futures settled at $4.30¼, +3¢ 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 -37Z, 1¢ firmer.

  • Dayton, Ohio Cargill’s spot basis was 10Z, 10¢ firmer, $4.40 cash price.

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