Markets

{0} has encountered an error. Please try again later.

DTN's Grain Quick Takes

OMAHA (DTN) --As we near Tuesday's close, December corn is down 4 1/2 cents per bushel, November soybeans are up 11 cents, December KC wheat is down 7 1/4 cents, December Chicago wheat is down 8 1/2 cents and December Minneapolis wheat is down 3 cents.

To read the full day's updates, Start your free MyDTN demo

  • Closing Market Comment

  • Wheat Prices Fall Tuesday

MyDTN Premium Content Spotlight:

Market Strategies

CORN Strategies Snapshot

TREND: The trend in December corn is down, in line with the seasonal tendency.

NONCOMMERCIAL OUTLOOK: Noncommercial traders held a net-long futures position of 258,634 contracts in corn as of Sept. 14, a decrease of 9,143 contracts from the previous week. The liquidation trend continues as we near harvest.

COMMERCIAL OUTLOOK: Commercial net shorts continue to favor the short side as of Sept. 14. The December contract is priced 6 3/4 cents below the March contract, a bearish indication of demand for new-crop corn.

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

PRICE PROBABILITY: The active futures contract increased to the 51st...

For additional commodities plus Analysis & Recommendations, Start your free MyDTN demo