Corn trading sideways ahead of February WASDE

Futures activity Mar-22 corn futures closed slightly lower last week at $6.2050 per bushel. Futures are up about $0.70 per bushel year on year.  S&D and fundamental factors With WASDE’s release this week, one key question is whether global corn ending stocks will fall further. [...]

Corn market sees little fresh data to drive direction

Futures activity Dec-21 futures ended last week lower by about $0.06, at $5.7075 per bushel. Although Dec-22 futures were also lower for the week, they closed Friday minimally higher at $5.5425 per bushel. S&D and fundamental factors The Rosario Exchange is projecting Argentine corn [...]

May-21 corn futures briefly test $5 after weeks-long rally

Corn futures have posted an astounding rally that began in the middle of December and accelerated through the first week of January. Supported by expectations of an additional downward revision to 2020/21 domestic and Argentine production and a weak dollar’s perceived impact on export [...]

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