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Weekly Basis 7/3/22

The Dow Jones Industrial Average settled at 31,097, down 403.68 points for the week.

Crude oil settled at $108.46, up $1.4 for the week.

The dollar index settled at 105.12, up 1.00 for the week.

The Baltic Dry Bulk Index settled at 2,214, down 117 points for the week.


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


 

Corn


Futures

July futures at $7.54½, up 4¼ cents for the week;

December at $6.07½, down 66½ cents for the week.

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

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