Global corn ending stocks for 2022/23 received an unexpected increase in the March WASDE. Stocks are now pegged near 296.5 MMT due to lower projected demand. Corn futures have plummeted on speculative selling due to general economic concerns surrounding the world outlook for consumption [...]
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. [...]
Futures activity Mar-22 corn futures ended last week up 3 percent at $6.06 per bushel, maintaining the recent trend above $6 per bushel. Prices have been on a nearly steady incline since bottoming out in early September. S&D and fundamental factors WASDE is this [...]
Futures activity Dec-21 corn futures dropped by roughly $0.10 over last week to close at $5.3050 per bushel. Since the last week of September, futures have traded in a narrow range. S&D and fundamental factors Global ending stocks are projected to rise by about [...]
