Weekly Basis 8/24/25

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat.

Dow Jones Industrial Average Index settled on Friday at 45,632, +686 points for the week.

Crude oil settled at $63.77, +0.63.

Dollar Index settled at 97.73, -0.11.

Baltic Dry Index (a shipping freight-cost index) settled at 1,944, -100.

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Corn

September futures settled at $3.88¼, +4½¢ for the week.

December futures settled at $4.11½, +6¼¢ for the week.

Basis (U = September; e.g. 10N means 10¢ over Sept futures) (Futures price + Basis = Cash price)

• The US national average basis was -18U, 1¢ firmer.

• Dayton, Ohio Cargill’s spot basis was 10U, steady, $3.98 cash price.

• Iowa Falls Poet’s spot basis was -5U, steady, $3.83 cash price.

COT Report (Commitment of Traders, chart below)

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