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CORN Strategies Snapshot
Closing Futures Price & Change
|Electronic Corn (@C)|
|Dec 18 - Mar 19|
Market StructureNeutral to bearish - Type 6
Seasonal IndexCorn prices tend to trend lower until early October.
Positions2017: 100% cash sales made, near $4.00 per the July 2018 contract. No more positions open for 2017. 2018: 25% of expected prod. @ $4.04 2018: 25% of expected prod. @ $4.17 2019: 25% of expected prod. @ $4.14
DTN's Daily Basis Comments
Corn, Soybean Basis Steady
Corn and soybean basis was unchanged, while hard red winter wheat, soft red winter and spring wheat basis was weaker Friday.
DTN Market Headlines
Stocks Finish Friday Slightly Lower
U.S. stocks inched lower Friday as bond yields jumped, a shift that helped banks but hurt companies that pay big dividends.