In this video, I discuss the current trends in the corn and soybean markets, highlighting the recent breakout lower for corn and the ongoing downtrend. I also touch on the weather forecasts and their potential impact on crop yields, particularly in the Western corn belt. It’s crucial to note that while there are some bearish signals, a 10% rally could present a good hedging opportunity. Please review the data and consider your strategies moving forward.
Market Thoughts 6.22.25
Soybeans hit a Sell Signal at highest prices in nine months this week before closing lower on Friday. Spring Wheat broke out to new highs