Weekly Basis 9/25/22

The Dow Jones Industrial Average settled at 29,590.41, down 1,232.01 points for the week.

Crude oil settled at $79.43, down $5.97 for the week.

The Dollar Index settled at 113.02, up 3.38 for the week.

The Baltic Dry Index (a shipping freight-cost index) settled at 1,816, up 263 points for the week.

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

Corn

Futures

December futures at $6.76¾, down half a cent for the week.

Basis

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