Lower corn pricing offsets decline in coproduct credit
Basis bids around Decatur, IL during the March reconciliation period were up from January and February and up from basis bids in March 2022. [...]
Corn market quiet ahead of WASDE
The corn market is holding steady despite hits to its three major demand categories, weather variability, and political uncertainty. Mar-23 corn closed a bit [...]
Corn market trading sideways
Futures activity Mar-23 corn futures closed Friday at $6.8050, very close to the week’s open at $6.79; weekly volatility was relatively tame, with a [...]
Corn market rises on new-crop supply concerns
Futures activity May-22 corn closed near $7.90 per bushel last Friday, up more than 25 cents from Monday. The Dec-22 harvest contract closed at [...]
WASDE & weather maintain volatility in corn market
The corn market reversed course on Friday after a bullish WASDE Thursday, with futures trading lower by double-digits. Jul-21 corn futures—at least thus far—haven’t [...]
Corn market awaits WASDE
Some fundamental information came out last week to drive corn futures prices, but the dominant market factor was the risk-off/risk-on trades of the speculative [...]
Active week in the corn market
This past week had plenty of news in the corn arena, which is typical for a WASDE week. However, WASDE took a back seat [...]
Corn acreage shocks the market
In what can only be described as a historical market shocker, the nation’s farmers last week indicated planted corn acres at merely 92 million, [...]