May corn gained 8’6 this week to close at 643’0, a second straight weekly gain with futures now up 36 cents from the March 10th Strong Buy Signal. May spring wheat actually lost 3’2 on the week to close at 857’4 though futures had fallen all the way to 827 on Wednesday before rallying 30 cents to close out the week. May beans continued their collapse, trading as low as 1405 at one point before settling at 1428’2, down 48’2 for the week. Beans have now posted six straight weekly losses while declining over a dollar from last week’s high […]
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