Weekly Basis 3/15/26
- Wright team

- 2 hours 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 46,558, -943 points for the week.
Crude oil settled at $99.31, +8.04.
Dollar Index settled at 100.5, +1.65.
Baltic Dry Index (a shipping freight-cost index) settled at 2,028, +18.
Corn
May futures settled at $4.67¼, +6¾¢ for the week.
December corn settled at $4.91½, +7¢ for the week.
Basis (K = May; e.g. 10K means 10¢ over May futures) (Futures price + Basis = Cash price)
The US national average basis was -41K, 2¢ weaker.
Dayton, Ohio Cargill’s spot basis was 10K, 5¢ weaker, $4.77 cash price.
Iowa Falls Poet’s spot basis was -30K, steady, $4.37 cash price.
COT Report (Commitment of Traders, chart below):
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