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

Weekly Basis 2/9/25

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


Dow Jones Industrial Average Index settled at 44,303, -241.26 points for the week.

Crude oil settled at $71.06, -2.75.

Dollar Index settled at 108.1, -0.40.

Baltic Dry Index (a shipping freight-cost index) settled at 815, +80 for the week.

 

Corn


March futures at $4.87½, +5½¢ for the week.

December futures at $4.66, +5¾¢ 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 -32H, 1¢ firmer.

  • Dayton, Ohio Cargill’s spot basis is 5H, steady, $4.93 cash price.

  • Iowa Falls Poet’s spot basis is -15H, steady, $4.72 cash price.


COT Report (Commitment of Traders, chart below)

                  Want to read more?

                  Subscribe to wrightonthemarket.com to keep reading this exclusive post.

                  bottom of page