As corn producers look to capitalize on the recent 90-cent rally in December corn futures from the mid-May contract low, one notable cash contract stands out. I know the contract as a...
Dana Mantini
Senior Market Analyst
Dana Mantini is a senior market analyst for DTN, and has 30-plus years of experience in the commodity futures industry.
Dana began as a wheat buyer and cash grain merchandiser for major flour millers, General Mills and International Multifoods. He was an independent member of the Kansas City Board of Trade, and spent 15 years as a broker/trader there. He has been hedge desk manager at Koch Industries (Koch Ag), and a commodity broker for Prudential Securities in Kansas City. He joined DeBruce Grain in 2001 as the Hedge Desk Manager, and did all of the futures/options trading, all of the hedging, spreading and initiated and managed a new farm contract program. Facilitated multiple farmer outlook meetings each year. DeBruce Grain managed 140 million bushels of storage capacity, and had 10-consecutive record-profit years before Gavilon acquired DeBruce in late 2010. Dana moved to Omaha in July 2012 to join Gavilon, first as a proprietary futures/options trader and then worked with Gavilon Producer Solutions, writing three times daily market wires, and advising producers on marketing.
It was the love of analyzing, interpreting, educating and writing that drove me to the open analyst position at DTN.
Dana graduated from Amherst College with a major in Economics, where he played baseball and basketball.
He is married to Ruthanne -- a certified pilates instructor -- and has two daughters -- Anna, 19 (sophomore at UNL), and Maggie, 16, (junior at Marian HS).
Recent Blogs by Author
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These days in the commodity markets, it's easy to paint a bearish landscape. But if history repeats itself, sizable rallies could be in store, despite popular belief.
More From This Author
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DTN Before The Bell Grains
July corn is down 4 1/4 cents per bushel, August soybeans are down 4 cents, September KC wheat is down 3 1/2 cents, September Chicago wheat is down 1 1/2 cents and September Minneapolis wheat is up 2 cents.
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DTN Before The Bell Grains
September corn is up 4 3/4 cents, August soybeans are up 4 1/2 cents, Chicago September wheat is 4 3/4 cents higher, Kansas City September is up 6 cents and Minneapolis September is up 6 3/4 cents per bushel.
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DTN Before The Bell Grains
July corn is up 4 cents, July soybeans are up 6 cents, Chicago July wheat is 7 3/4 cents higher, KC July is up 8 1/2 cents and Minneapolis July is up 6 1/2 cents per bushel.
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DTN Before The Bell Grains
July corn is down 3/4 cent, July soybeans are down 5 cents, Chicago July wheat is 1 cent lower, Kansas City July is unchanged and Minneapolis July is up 3/4 cent per bushel.
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DTN Before The Bell Grains
7:45 a.m. CST prices at CME Globex: July corn is unchanged, July soybeans are up 1 cent, Chicago July wheat is 3 3/4 cents lower, Kansas City July is down 3 cents and Minneapolis July is down 1/4 cent per bushel.
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DTN Before The Bell Grains
7:45 a.m. CST prices at CME Globex: July corn is down 3 cents, July soybeans are down 6 1/4 cents, Chicago July wheat is 8 3/4 cents lower, Kansas City July is down 9 1/2 cents and Minneapolis July is down 6 cents per bushel.
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DTN Closing Grain Comments
Wheat and corn fell on Tuesday in a correction of the rally that began in mid-May. Better than expected conditions on wheat, impressive early yield data and a warmer and drier late June outlook sent that market lower. With corn...
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DTN Before The Bell Grains
CST prices at CME Globex: July corn is down 7 3/4 cents, July soybeans are down 5 cents, Chicago July wheat is 10 3/4 cents lower, Kansas City July is down 13 1/4 cents and Minneapolis July is down 4 3/4 cents per bushel.
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DTN Before The Bell Grains
July corn is up 5 1/4 cents, July soybeans are up 4 cents, Chicago July wheat is 1 1/2 cents higher, Kansas City July is up 2 cents and Minneapolis July is up 1 1/4 cents per bushel.
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DTN Before The Bell Grains
July corn is up 8 cents, July soybeans are up 5 cents, Chicago July wheat is 4 cents higher, Kansas City July is up 5 1/4 cents and Minneapolis July is up 2 cents per bushel.
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DTN Before The Bell Grains
July corn is up 1 1/4 cents, July soybeans are up 2 1/4 cents, Chicago July wheat is 1/2 cent higher, Kansas City July is up 1 1/2 cents and Minneapolis July is down 1 1/2 cents.
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USDA Reports Review
Although there were just minor tweaks to soybean and wheat numbers, the June 11 USDA report changed the landscape for corn and sent futures upward.
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DTN Closing Grain Comments
December corn closed up 12 1/2 cents after USDA cut over a billion bushels off the 2019 U.S. corn crop estimate, a nod to this spring's planting problems. Soybeans ended slightly higher and wheat prices were modestly higher, but...
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DTN Before The Bell Grains
CST prices at CME Globex: July corn is down 3 1/2 cents, July soybeans are down 1/4 cent, Chicago July wheat is 2 3/4 cents lower, Kansas City July is down 6 1/2 cents and Minneapolis July is down 5 1/4 cents per bushel.
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DTN Closing Grain Comments
Lower starts on Sunday evening turned mostly green by Monday's close as July contracts of soybeans and winter wheat finished with small gains. July corn ended the session unchanged with traders waiting for USDA's Crop Progress...
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DTN Before The Bell Grains
July corn is down 3 1/2 cents, July soybeans are down 5 3/4 cents, Chicago July wheat is 7 1/2 cents lower, Kansas City July is down 6 1/2 cents and Minneapolis July is down 3 1/4 cents per bushel.
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DTN Closing Grain Comments
Despite what appeared to be a bullish close Thursday, the markets were again weaker Friday, led by soybeans. Widespread planting is expected next week as the forecast is mostly dry and warmer for much of the central and...
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DTN Before The Bell Grains
July corn is down 2 1/4 cents, July soybeans are down 4 1/4 cents, Chicago July wheat is 4 1/2 cents lower, Kansas City July is down 2 3/4 cents and Minneapolis July is up 3/4 cent per bushel.
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DTN Before The Bell Grains
July corn is down 5 1/4 cents, July soybeans are down 9 cents, Chicago July wheat 1 1/2 cents higher, Kansas City July is down 1/2 cent and Minneapolis July is up 5 cents per bushel.
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DTN Before The Bell Grains
July corn is down 7 cents, July soybeans are down 6 3/4 cents, Chicago July wheat is 12 3/4 cents lower, Kansas City July is down 14 3/4 cents and Minneapolis July is down 8 cents per bushel.
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DTN Before The Bell Grains
July corn is up 5 1/4 cents, July soybeans are up 7 1/2 cents, Chicago July wheat is 9 1/2 cents lower, Kansas City July is down 14 1/4 cents and Minneapolis July is down 7 cents per bushel.
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DTN Before The Bell Grains
July corn is up 1/2 cent, July soybeans are up 2 cents, Chicago July wheat is 12 cents higher, Kansas City July is up 16 1/4 cents and Minneapolis July is up 11 1/4 cents per bushel.
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DTN Before The Bell Grains
July corn is down 9 1/2 cents, July soybeans are down 6 1/4 cents, Chicago July wheat is 9 1/4 cents lower, Kansas City July is down 7 3/4 cents and Minneapolis July is down 5 1/2 cents per bushel.
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DTN Before The Bell Grains
July corn is up 5 1/2 cents, July soybeans are up 5 3/4 cents, Chicago July wheat is 6 cents higher, Kansas City July is up 5 cents and Minneapolis July is up 3 cents per bushel.
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DTN Before The Bell Grains
July corn is up 11 1/2 cents, July soybeans are up 25 3/4 cents, Chicago July wheat is 9 1/2 cents higher, Kansas City July is up 12 1/2 cents and Minneapolis July is up 8 cents per bushel.
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DTN Before The Bell Grains
July corn is up 8 3/4 cents, July soybeans are up 11 1/2 cents, Chicago July wheat is 18 cents higher, Kansas City July is up 19 1/4 cents and Minneapolis July is up 12 3/4 cents per bushel.
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DTN Before The Bell Grains
July corn is up 6 3/4 cents, July soybeans are up 4 3/4 cents, Chicago July wheat is 6 1/4 cents higher, Kansas City July is up 6 1/4 cents and Minneapolis July is up 7 1/2 cents per bushel.
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DTN Closing Grain Comments
Despite some recent technical indications that the corn rally may have gone far enough for the short term, futures were able to shrug off overnight weakness and climb higher on Thursday -- until midday. News that the Trump...
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DTN Before The Bell Grains
July corn is up 1/4 cent, July soybeans are down 8 cents, Chicago July wheat is 3 1/4 cents higher, Kansas City July is up 1 1/4 cents and Minneapolis July is up 2 cents per bushel.
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DTN Closing Grain Comments
Following Tuesday's volatile midday trade, which is attributed to a Bloomberg story about an impending second farm aid package, the markets have quieted. Wheat and corn appear ready to take a breather from the torrid...
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DTN Before The Bell Grains
July corn is down 4 cents, July soybeans are up 2 cents, Chicago July wheat is 7 1/4 cents lower, Kansas City July is down 5 cents and Minneapolis July is down 3 1/4 cents per bushel.
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DTN Closing Grain Comments
Excessive rains with more to come and the slowest-ever planting pace in mid-May on corn (49%) sent heavily short commodity funds running for the exit door early Tuesday. Managed funds, who just last week had been short a...
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DTN Before The Bell Grains
July corn is up 6 1/4 cents, July soybeans are up 7 1/2 cents, Chicago July wheat is 8 1/4 cents higher, Kansas City July is up 8 1/2 cents and Minneapolis July is up 4 1/2 cents per bushel.
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DTN Closing Grain Comments
Weekend rain and even snow, plus a forecast that promises more rain the next 10 days fueled Monday's sharp grain and soy complex rally. As planting seriously lags the average pace in corn and soybeans, and severe weather...
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DTN Before The Bell Grains
July corn is up 6 1/4 cents, July soybeans are up 12 cents, Chicago July wheat is 12 1/4 cents higher, Kansas City July is up 17 3/4 cents and Minneapolis July is up 12 cents per bushel.
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DTN Closing Grain Comments
While corn and Kansas City wheat extended weekly gains, soybeans refused to go along Friday. Very heavy rains projected for much of the Corn Belt will likely cut acres and compromise yield, while key spring wheat states will also...
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DTN Before The Bell Grains
July corn is up 4 3/4 cents, July soybeans are down 3 3/4 cents, Chicago July wheat is 4 3/4 cents higher, Kansas City July is up 5 cents and Minneapolis July is up 10 3/4 cents per bushel.
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DTN Closing Grain Comments
Despite the late session sell-off in both corn and wheat from Wednesday's highs, both of those markets were back up sharply on Thursday, with soybeans reluctantly following. Funds -- that had amassed record net short positions...
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DTN Before The Bell Grains
July corn is up 5 3/4 cents, July soybeans are up 8 1/2 cents, Chicago July wheat is 9 1/2 cents higher, Kansas City July is up 8 1/2 cents and Minneapolis July is up 7 3/4 cents per bushel.
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DTN Before The Bell Grains
July corn is up 7 1/4 cents, July soybeans are up 9 1/4 cents, Chicago July wheat is 7 1/2 cents higher, Kansas City July is up 8 1/4 cents and Minneapolis July is up 7 cents per bushel.
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DTN Closing Grain Comments
Following Monday's new lows in corn, wheat and soybeans, all three markets surged higher on Tuesday, led by soybeans and corn, which gapped higher in both old and new crop. While the failure to reach a U.S.-China trade accord, and...
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USDA Reports Review
The saga of burdensome stocks continues with USDA's May WASDE report, which featured higher-than-expected U.S. and world ending stocks and production than most had anticipated on the three major crops.
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DTN Before The Bell Grains
July corn is down 1 1/4 cents, July soybeans are down 2 3/4 cents, Chicago July wheat is 3/4 cents lower, Kansas City July is unchanged and Minneapolis July is down 2 cents per bushel.
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DTN Before The Bell Grains
July corn was down 3 1/4 cents, July soybeans were up 1 cent, and July Kansas City (HRW) wheat was down 1 1/4 cents.
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DTN Before The Bell Grains
July corn is down 1/4 cent, July soybeans are down 2 1/2 cents, Chicago July wheat is 5 1/4 cents lower, Kansas City July is down 4 3/4 cents and Minneapolis July is down 4 cents per bushel.
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DTN Before The Bell Grains
July corn is down 12 3/4 cents, July soybeans are down 25 cents, Chicago July wheat is 8 1/4 cents lower, Kansas City July is down 8 3/4 cents and Minneapolis July is down 8 cents per bushel.
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DTN Before The Bell Grains
July corn is down 1 cent, July soybeans are up 2 1/4 cents, Chicago July wheat is 3 3/4 cents lower, Kansas City July is down 3 1/4 cents and Minneapolis July is down 5 1/4 cents per bushel.
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DTN Before The Bell Grains
July corn is unchanged, July soybeans are down 2 1/2 cents, Chicago July wheat is 4 1/4 cents higher, Kansas City July is up 3/4 cent and Minneapolis July is up 2 1/2 cents per bushel.
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DTN Before The Bell Grains
July corn is up 2 cents, July soybeans are down 2 1/2 cents, Chicago July wheat is 5 cents higher, Kansas City July is up 4 cents and Minneapolis July is up 2 cents per bushel.
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DTN Before The Bell Grains
July corn is up 3/4 of a cent, July soybeans are up 1 1/4 cent, Chicago July Chicago wheat is 2 3/4 cents lower, Kansas City July is down 1 1/4 cents and Minneapolis July is up 3/4 cent per bushel.
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DTN Before The Bell Grains
May corn is up 4 cents, May soybeans are up 2 3/4 cents, Chicago May wheat is 3/4 cent lower, Kansas City May is down 1 1/2 cents and Minneapolis May is up 3 cents per bushel.
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DTN Before The Bell Grains
July corn is up 2 1/4 cents, July soybeans are down 1 1/2 cents, Chicago July wheat is 2 cents higher, Kansas City July is up 2 1/4 cents and Minneapolis July is up 3 cents per bushel.
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DTN Before The Bell Grains
July corn is down 2 1/2 cents per bushel, July soybeans are up 3/4 cent, Chicago July wheat is 1 3/4 cents lower, Kansas City July is down 1/4 cent and Minneapolis July is up 2 1/4 cents.
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DTN Before The Bell Grains
May corn is up 1/2 cent per bushel, May soybeans are up 1 1/4 cents, Chicago May wheat is 3 3/4 cents lower, Kansas City May is down 5 1/2 cents and Minneapolis May is up 2 1/4 cents.
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DTN Before The Bell Grains
May corn is down 3/4 of a cent, May soybeans are down 1/2 cent, Chicago May wheat is 1 1/2 cents higher, Kansas City May is down 1/4 cent and Minneapolis May is up 2 3/4 cents per bushel.
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DTN Before The Bell Grains
May corn is up 1/4 of a cent, May soybeans are up 1/2 cent, Chicago May wheat is 4 cents lower, Kansas City May is down 2 1/4 cents and Minneapolis May is down 3/4 cent per bushel.
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DTN Before The Bell Grains
May corn is down 1/4 of a cent, May soybeans are down 1/2 cent, Chicago May wheat is 3 3/4 cents higher, Kansas City May is up 3 3/4 cents and Minneapolis May is unchanged.
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DTN Before The Bell Grains
May corn is down 1 3/4 cents, May soybeans are down 2 3/4 cents, Chicago May wheat is 5 3/4 cents lower, Kansas City May is down 5 cents and Minneapolis May is down 1 3/4 cents per bushel.
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DTN Before The Bell Grains
May corn is up 2 1/4 cents, May soybeans are up 4 cents, Chicago May wheat is 3 cents lower, Kansas City May is down 3 1/2 cents and Minneapolis May is up 3 1/2 cents per bushel.
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DTN Before The Bell Grains
May corn is unchanged, May soybeans are unchanged, Chicago May wheat is 2 3/4 cents lower, Kansas City May is down 1 1/4 cents and Minneapolis May is down 4 cents per bushel.
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DTN Before The Bell Grains
May corn is down 1/2 cent, May soybeans are down 3 1/2 cents, Chicago May wheat is 1/2 cent higher, Kansas City May is up 1 1/2 cents and Minneapolis May is up 5 3/4 cents per bushel.
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DTN Closing Grain Comments
Corn and soybeans bounced a bit Wednesday, following a USDA report which did little to change the narrative of plentiful U.S. and world supplies of all three major ag crops. Wheat traded mixed with winter wheat lower and Minneapolis...
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DTN Before The Bell Grains
May corn is up 1 cent, May soybeans are unchanged, Chicago May wheat is 3 cents lower, Kansas City May is down 2 1/4 cents and Minneapolis May is up 1 1/4 cent per bushel.
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USDA Report Review
Both U.S. and world corn and wheat ending stocks were bearish, while soybean ending stocks were neutral but remain burdensome, according to USDA's latest World Agricultural Supply and Demand Estimates (WASDE) report. World corn...
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DTN Before The Bell Grains
May corn is down 1 1/2 cents, May soybeans are up 1 1/4 cents, Chicago May wheat is 7 cents lower, Kansas City May is down 6 1/4 cents and Minneapolis May is down 1 cent per bushel.
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DTN Before The Bell Grains
May corn is up 1/4 of a cent, May soybeans are up 1 1/2 cents, Chicago May wheat is 4 1/2 cents lower, Kansas City May is down 2 1/2 cents and Minneapolis May is up 1 1/4 cent per bushel.
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DTN Before The Bell Grains
May corn is down 2 1/4 cents, May soybeans are down 5 cents, Chicago May wheat is 3 1/2 cents lower, Kansas City May is down 4 1/2 cents and Minneapolis May is down 1 1/2 cents per bushel.
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DTN Before The Bell Grains
May corn is up 1 1/2 cents, May soybeans are up 3 cents, Chicago May wheat is 3 cents higher, Kansas City May is up 3 1/2 cents and Minneapolis May is up 5 3/4 cents per bushel.
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SA Crops Look Bountiful
Throughout much of the growing season thus far, both Argentina and Brazil have been blessed by mostly favorable conditions. Here's where their crops stand so far.
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DTN Closing Grain Comments
Chicago and Kansas City wheat futures continue to recover from weakness following last week's USDA stocks and seeding reports. Minneapolis wheat set another new contract low Wednesday. Corn was up a bit, and has recovered a...
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DTN Before The Bell Grains
May corn is down 1/4 of a cent, May soybeans are up 1 1/2 cents, Chicago May wheat is 3 3/4 cents lower, Kansas City May is down 6 cents and Minneapolis May is down 2 1/2 cents per bushel.
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DTN Before The Bell Grains
May corn is up 2 3/4 cents, May soybeans are up 5 1/2 cent, Chicago May wheat is 1/2 cent higher, Kansas City May is down 1 cent and Minneapolis May is down 1 1/4 cents per bushel.
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USDA Reports Review
USDA surprised on Friday with a much larger than expected stocks and prospective seeding on corn. That set the stage for a bearish reaction in corn, with wheat and soybeans falling as well. At Friday's close, corn futures were...
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DTN Before The Bell Grains
May corn is down 1/4 cent, May soybeans are up 1 1/4 cents, Chicago May wheat is 2 cents lower, Kansas City May is down 1 cent and Minneapolis May is down 3 1/2 cents per bushel.