Fertilizer trends are based on U.S. moving averages.
Local Wholesale Fuel Prices
Ethanol Averages by State
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CORN Strategies Snapshot
Closing Futures Price & Change
|Electronic Corn (@C)|
|Mar 18 - May 18|
Market StructureBullish - Type 2
Seasonal IndexThe market tends to trend up through early June.
Positions2017: 100% production priced w/Jul 18 @ $3.81 2017: 100% Bot Jul $3.70 call options 2018: 100% Sold OCD July $4.20 puts Combined options = cost of $0.08 (2017)
Ethanol Futures Trickle Lower in Sluggish Trade
Ethanol futures trickled lower in a narrow trading range with fractional shifts following limited end-of-the-week activity. This could bring some uncertainty to the market when trade resumes Tuesday. Markets are closed Monday in observance of Presidents Day.
Retail Fertilizer Prices Continue Mostly Higher
Most average retailer fertilizer prices continued their upward trend the first week of February 2018. One area of the country that might see less fertilizer demand this spring due to a shift of acres away from corn to spring wheat is the Northern Plains.
Fuels & Fertilizer Headlines
CFTC Can't Draw Conclusion on RIN Market Based on EPA Data Provided
Chris Giancarlo, who took over as CFTC chairman last August, testified before the Senate...