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)|
|Jul 19 - Sep 19|
Market StructureNeutral, bullish - Type 4
Seasonal IndexCorn prices tend to trend higher from early October to early June.
Positions2019: Sold 25% of prod. at $4.03 (Dec 19) 2018: 25% of prod. sold at $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 unsold crop.
Ethanol Futures Lower Midweek
Ethanol futures were down 2.5 cents in the June contract at $1.367 and down 2.3 cents in the July contract at $1.377. Corn closed up 1/4 cent in the July contract at $3.94 1/2 and up 1 cent in the September contract at $4.03 3/4.
Urea Prices Spike 5% Higher Amid Transportation Trouble
Retail fertilizer prices remain mixed this week, although the price of urea broke out to high side, jumping $22 per ton compared to last month.
Fuels & Fertilizer Headlines
US Ethanol Producers Hope to Re-Establish Trade Relationships in Europe
U.S. ethanol producers received a bit of good news this week, as the European Union...