The Dow Jones Industrial Average (DJIA) settled at 34,098.16, +289.20 points for the week.
Crude oil settled at $76.63, -1.32.
The Dollar Index settled at 101.67, -0.05.
The Baltic Dry Index (a shipping freight-cost index) settled at 1,576, +72 for the week.
Below is corn, soybeans and wheat basis outlook this week.
July futures at $6.85, -30¼¢ for the week.
December futures at $5.27¾, -20¼¢ for the week.
Basis (N = July; e.g. 10N means 10¢ over July futures) (Futures price + Basis = Cash price)
The US national average basis is 36N, 2¢ weaker.
Dayton, Ohio Cargill has no spot bids for near months delivery.
Iowa Falls Poet’s spot basis is 55N, steady, $6.40 cash price.
COT Report (Commitment of Traders)