We’ve replaced the “Knowledge” section of our website with our “Tools and Tactics” section. We have retained this section as an archive of our Weekly Corn Market Updates for the 2020 Crop Year and original versions of some of our first articles. Updated versions of those articles can be found on our Tools and Tactics page. Future editions of the Weekly Corn Market Update will be stored on their own page.
Weekly Corn Market Update 07/02/20
Looking ahead to next week, we see a ~53.8% chance that Dec20 corn futures will finish the week lower. We'd consider movement within the $3.3750-$3.7350 per bushel range to be unremarkable. Noteworthy moves would extend to the $3.1600-$4.0900 per bushel range. Price action beyond that would be considered extreme.
Weekly Corn Market Update 06/26/20
Looking ahead to next week, we see a ~52.0% chance that Dec20 corn futures will finish the holiday-shortened week lower. We'd consider movement within the $3.1425-$3.3775 per bushel range to be unremarkable. Noteworthy moves would extend to the $2.9925-$3.5750 per bushel range. Price action beyond that would be considered extreme.
Weekly Corn Market Update 06/19/20
Looking ahead to next week, we see a ~52.5% chance that Dec20 corn futures will finish the week lower. We'd consider movement within the $3.3450-$3.5775 per bushel range to be unremarkable. Noteworthy moves would extend to the $3.2100-$3.7600 per bushel range. Price action beyond that would be considered extreme.
Weekly Corn Market Update 06/12/20
Looking ahead to next week, we see a ~52.0% chance that Dec20 corn futures will finish the week lower. We'd consider movement within the $3.3475-$3.5225 per bushel range to be unremarkable. Noteworthy moves would extend to the $3.2050-$3.7150 per bushel range. Price action beyond that would be considered extreme.
Weekly Corn Market Update 06/05/20
Looking ahead to next week, we see a ~50.3% chance that Dec20 corn futures will finish the week higher. We'd consider movement within the $3.3600-$3.5425 per bushel range to be unremarkable. Noteworthy moves would extend to the $3.2075-$3.7100 per bushel range. Price action beyond that would be considered extreme.
Weekly Corn Market Update 05/29/20
December 2020 (Dec20) corn futures (the benchmark for new-crop corn) finished the week up 6.00-cents (~1.80%), settling at $3.3875/bushel. This week's price action took place in an 11.25-cent (~3.38%) range - the broadest weekly range since the week ending May 1st. The week's settlement price landed within the unremarkable price band we published last week, though the week's high of$3.4250/bushel pressed 3.00-cents into our notable band.
Weekly Corn Market Update 05/22/20
Looking ahead to next week's holiday-shortened trading, we see a ~52.0% chance that Dec20 corn futures will finish the week higher. We'd consider movement within the $3.2550-$3.3950 per bushel range to be unremarkable. Noteworthy moves would extend to the $3.1075-$3.5325 per bushel range. Price action beyond that would be considered extreme.
Weekly Corn Market Update 05/15/20
Looking ahead to next week, we see a ~50.9% chance that Dec20 corn futures will finish the week lower. We'd consider movement within the $3.2300-$3.4175 per bushel range to be unremarkable. Noteworthy moves would extend to the $3.0650-$3.6175 per bushel range. Price action beyond that would be considered extreme.