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Weekly Basis 7/10/22

The Dow Jones Industrial Average settled at 31,338.15, up 104.8 points for the week.

Crude oil settled at $104.8, down $3.66 for the week.

The dollar index settled at 106.9, up 1.78 for the week.

The Baltic Dry Bulk Index settled at 2,067, down 147 points for the week.

Below is corn, soybeans and wheat basis outlook this week.




September futures at $6.33¼, up $0.13½ for the week.

December futures at $6.23½, up $0.16 for the week.

Basis (N = July, Z = December; e.g. +5N means 5 over July)

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