top of page
If You Haven't, Try Our Daily Grain Market Reports FREE for 30 Days!

Weekly Basis 2/18/24

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat.

The Dow Jones Industrial Average (DJIA) settled at 38,628, -43.70 points for the week.

Crude oil settled at $79.22, +2.62.

The Dollar Index settled at 104.28, +0.20.

The Baltic Dry Index (a shipping freight-cost index) settled at 1,610, +65 for the week.



March futures at $4.16½, -12½¢ for the week.

Basis (H = March; e.g. 10H means 10¢ over March futures) (Futures price + Basis = Cash price)

  • The US national average basis is -20H, 1¢ firmer.

  • Dayton, Ohio Cargill’s spot basis is -5H, steady, $4.12 cash price.

  • Iowa Falls Poet’s spot basis is 10H, 2¢ firmer, $4.26 cash price.

COT Report (Commitment of Traders)

Want to read more?

Subscribe to to keep reading this exclusive post.

Recent Posts

See All


Couldn’t Load Comments
It looks like there was a technical problem. Try reconnecting or refreshing the page.
bottom of page