Trend Indicators

Fertilizer trends are based on U.S. moving averages.


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Ethanol Averages by State

Last Updated: Thu 4/18/2024 12:07 PM CDT
State Today's Avg Change
Alabama 2.6715 0.0000
Arizona 1.6000 0.0000
Arkansas 2.0890 -0.0153
California 2.4200 0.0000
Colorado 1.9342 0.0000
Florida 1.4900 0.0000
Georgia 1.5000 0.0000
Iowa 1.7094 -0.0023
Illinois 2.3600 0.0000
Indiana 1.8417 0.0000
Kansas 1.8878 -0.0080
Louisiana 2.7620 0.0000
Maryland 1.5500 0.0000
Michigan 1.8417 0.0000
Minnesota 1.6608 -0.0026
Missouri 1.9173 -0.0078
Mississippi 4.1051 0.0000
Montana 1.5444 0.0000
State Today's Avg Change
North Carolina 1.8188 0.0000
North Dakota 1.6866 -0.0046
Nebraska 1.7202 -0.0009
New Jersey 1.5500 0.0000
Ohio 1.8417 0.0000
Oklahoma 1.9795 -0.0093
Oregon 1.5500 1.5500
Pennsylvania 3.4840 0.0000
South Carolina 2.5765 0.0000
South Dakota 1.7824 -0.0016
Texas 2.1513 -0.0050
Utah 2.7596 0.0000
Virginia 1.8188 0.0000
Washington 3.1590 0.0000
Wisconsin 1.7770 0.0000
Wyoming 1.7300 0.0000
Average Price 2.0668 0.0439
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Market Strategies

CORN Strategies Snapshot

TREND: The trend in December corn is sideways.

NONCOMMERCIAL OUTLOOK: Noncommercial traders held 190,191 net-shorts in corn as of April 9, an increase of 8,855 contracts on the week as prices stayed in a narrow, sideways range.

COMMERCIAL OUTLOOK: Commercials in corn increased net longs to 195,882 as of April 9, still offering support at these lower prices. The December contract is priced 13 cents below the March 2025 contract, a bearish indication of commercial demand for new-crop corn. DTN's national corn basis has steadily improved since harvest and is a little above average for this time of year..

SEASONAL INDEX: Corn prices tend to peak in early June and bottom in early October.

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DTN Daily Ethanol Comments

Ethanol RINs Lower, Cash Prices Mixed Wednesday

Ethanol RINs were lower and cash prices were mixed Wednesday. May corn was down 3/4 cents at $4.30 1/4 and July closed down 1 3/4 cents at $4.41.

DTN Retail Fertilizer Trends

All Fertilizer Prices Higher for Third Straight Week

Average retail prices for all eight major fertilizers are higher compared to last month. This marks the third straight week prices for all fertilizers were up. However, only one fertilizer, UAN32, was significantly more expensive.

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