The corn markets treaded water early in the week before sinking following Fridays USDA report that increased production and carryout of the 2026/27 crop. December corn ended the week 18 cents lower while March and May futures each lost 17 cents. The funds have reduced...
The markets reversed direction following the bearish WASDE report last week. December, March and May futures all ended the week 30 cents lower on the week. The funds ended reduced their long position by 128,000 contracts and are now long 299,220 corn contracts while...
Corn traded in a 20-cent range last week but ultimately settled unchanged to a penny higher in most contract months. Weather across the Midwest, China and US meetings along with rumors of peace in Iran kept traders’ attention during the week. The funds ended the week...
Corn struggled to maintain positive trade last week as traders monitor harvest reports and position ahead of the upcoming Trump/Xi summit. December corn ended the week 3 cents lower while March and May ended the week 4 and 5 cents lower respectively. The funds closed...
Corn closed lower for the first time in five weeks following a USDA report that was in line with expectations. December and March corn ended the week 6 cents lower while May closed 7 cents lower on the week. The funds ended the week long 412,459 corn contracts and...
The markets put the brakes on their rally last week as traders headed for a three-day weekend. With a USDA report on the 11th, the funds long position and a chance for peace talks in the Black Sea region trade was light to end the week. December corn ended the week...