Market Thoughts 5.14.23

Share Post:

July corn lost 10’2 cents this week to close at 586’2. Futures dipped to 572’6 on Friday but did manage to hold above last week’s 569’2 daily low. July beans lost 46’4 to close at 1390’0, the lowest weekly close for that contract since July 25th. The daily low of 1385’2 was however still slightly above the 1383’6 daily low from March 27th. July spring wheat gained 10’0 to close at 846’0 after trading as high as 865’0 on Friday. That 865’0 high was nearly a dollar above the 769’0 low that wheat printed just 7 sessions ago. The May […]

To access this post, you must purchase 1 Year Free for Bravera Bank Members.

Stay Connected

More Updates

Market Thoughts 08.24.2025

Biofuels news and trade deal rumors helped corn break out higher and pushed beans to highest levels since our June sell signal.        https://www.loom.com/share/56a00201b38041a296db817d4cbba78b

Market Thoughts 08.17.2025

Impressive gains for beans following bullish WASDE news and corn shook off extremely bearish WASDE news to end the week strong, fitting with our idea