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)|
|Dec 19 - Mar 20|
Market StructureNeutral - Type 3
Seasonal IndexCorn prices tend to trend higher from early October to early June.
Positions2019: Sold 25% of prod. at $4.03 (Dec 19) 2018 avg sale = $4.05 (Dec & Jul 19) 2018: 25% of prod. sold $4.16 (Jul 19) 2018: 25% of prod. sold $3.89 (Jul 19) 2018: 25% of expected prod. @ $4.04 2018: 25% of expected prod. @ $4.17 Long July 2019 $3.40 puts to protect 50%, expired 6-21-19.
Prices Rally on Trade News
The announcement Friday that the U.S. and China have made preliminary agreements on a phase one trade deal sparked active support in most markets. This pushed corn and ethanol prices firmly higher, while energy futures also gained momentum Friday.
All Fertilizers' Prices Now Lower
Retail fertilizer prices continued to move lower during the first week of December.
Fuels & Fertilizer Headlines
Fertilizer Industry Urges Passing USMCA
The fertilizer industry is urging swift passage of USMCA by the Canadian and U.S...