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

Weekly Basis 8/16/26

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.


The Dow Jones Index settled on Friday at 53,732, -305 points for the week.

Crude oil settled at $82.4, +5.32.

Dollar Index settled at 99.64, +0.04.

Baltic Dry Index (a shipping freight-cost index) settled at 2,844, -245.



Corn


September futures settled at $4.59, +20¢ for the week.

December corn settled at $4.83¼, +21¼¢ for the week.


Basis (U = Sept, Z = Dec; e.g. 10U means 10¢ over Sept futures) (Futures price + Basis = Cash price)

  • The US national average basis was -26U, 1¢ firmer.

  • Dayton, Ohio Cargill’s spot basis was 30U, steady, $4.89 cash price. New crop was -20Z, steady.

  • Iowa Falls Poet’s spot basis was -18U, 2¢ firmer, $4.41 cash price. New crop was -35Z, steady.


COT Report (Commitment of Traders, chart below):

                  Want to read more?

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

                  bottom of page