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 […]
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