Link to this week’s video commentary: https://www.loom.com/share/366cc764179a41cf9fda268768232dff Switching to new crop contracts, Dec corn ended down one tick on the week at 494’4 after trading to a new low of 485’4 on Wednesday. Nov beans lost 25’4 to close at 1317’6 after reaching all the way to 1391’6 on Monday. Despite some extreme daily ranges, the last four weekly closes for Nov beans have all been between 1310-1343. Sep spring wheat gained 30’6 to close at 847’6 after trading down to 807 on Monday and then rallying back to 866’4 by Thursday. This week played out mostly as expected […]
Market Thoughts 05.04.25
In this video, I share my thoughts on the current state of the corn, soybean, and wheat markets as of May 4th. Corn is facing
May 5, 2025