MyDTN Premium Content Spotlight:
CORN Strategies Snapshot
Closing Futures Price & Change
|Electronic Corn (@C)|
|May 18 - Jul 18|
Market StructureBullish - Type 2
Seasonal IndexThe market tends to trend up through early June.
Positions2017: 100% production priced w/Jul 18 @ $3.81 2017: 100% Bot Jul $3.70 call options 2018: 100% Sold OCD July $4.10 calls Combined options = cost of $0.08 (2017) 2018: 25% of expected prod. @ $4.04 2019: 25% of expected prod. @ $4.14
DTN's Daily Basis Comments
Soybean Basis 1 Cent Stronger
The national average basis for soybeans and soft red winter wheat basis was stronger, while corn and hard red winter wheat basis was unchanged and spring wheat basis was weaker.
Market News Headlines
Stocks Inch Higher Friday
U.S. stocks edged higher Friday as gains from energy companies, industrial firms and smaller companies helped the market end...