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 higher this week, although, analysts expect global corn ending stocks to fall by about 2 MMT in this week’s WASDE [...]
Futures activity Mar-23 futures saw pressure early last week that took the contract to $6.66 per bushel, but prices appreciated by close of Thursday back above $6.80 per bushel. S&D and fundamental factors Ethanol production was relatively flat the week ending Jan. 20, at [...]
Futures activity Mar-23 futures rallied 21 cents per bushel last week, back up to $6.75 per bushel. S&D and fundamental factors Argentina’s crop outlook seems to be getting worse each week. The Rosario Exchange (Argentina’s local ag forum) lowered their corn crop estimate from [...]
Futures activity Mar-23 futures settle at $6.6625 ahead of the holiday weekend. On Wednesday, Dec. 21, the contract settled above the 20-day moving average for the first time since early November and managed to hold on to higher values during quiet trade yesterday and [...]
