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DTN's Grain Quick Takes

OMAHA (DTN) -- Posted 12:42 -- December corn is down 2 3/4 cents per bushel, November soybeans are up 1 1/2 cents, December KC wheat is down 1 cent, December Chicago wheat is up 3 1/4 cents and MIAX December Minneapolis wheat is down 0.0075 cents.

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MyDTN Premium Content Spotlight:

Market Strategies

CORN Strategies Snapshot

TREND: The trend for December corn is down.

NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 105,210 contracts as of Aug. 19, a decrease of 27,964 contracts as speculators reduced their bearish bet.

COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 123,955 contracts as of Aug. 19, a decrease of 31,224 contracts week over week. The December 2025 contract is priced 17 1/2 cents lower than the March 2026 contract, indicating a comfortable level of old crop supplies.

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

PRICE PROBABILITY: The front month (December) corn futures...

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