Weekly Basis 2/15/26
- Wright team
- 19 minutes ago
- 4 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 49,501, -615 points for the week.
Crude oil settled at $62.81, -0.69.
Dollar Index settled at 96.88, -0.80.
Baltic Dry Index (a shipping freight-cost index) settled at 2,083, +160.
Corn
March futures settled at $4.31¾, +1½¢ 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 -33H, 1¢ weaker.
Dayton, Ohio Cargill’s spot basis was 15H, steady, $4.47 cash price.
Iowa Falls Poet’s spot basis was -15H, 3¢ weaker, $4.16 cash price.
COT Report (Commitment of Traders, chart below):
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