How Corn Could Swing Up to $5.00 ... or Down to $3.50

July 18, 2017 02:18 PM

Bob Utterback, president and CEO of Utterback Marketing Services, doesn’t often get called a bull when it comes to grain marketing. But even for him, sometimes the occasion absolutely calls for it, he jokes.

“I’m always classified as the bear in the market,” he tells Farm Journal Radio’s Pam Fretwell. “But now we’re moving into a bull market. This is a time period when bears dream about – getting the opportunity to take advantage of a rally market.”

Still, the weather that unfolds over the next 15 to 20 days is extra critical, Utterback adds. Depending on exact conditions during this time, corn could swing as high as $5.00 per bu. or as low as $3.50 per bu., he speculates.

Listen to the embedded audio clip for some additional observations Utterback shared with Fretwell:

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Spell Check

Sharon, IA
7/20/2017 06:04 PM

  Just how much money do people pay for all this valuable insight?

Muleshoe , TX
7/26/2017 01:01 PM

  I predict corn to be sold this fall between 2 dollars a bu and 6 bu. I guess I need my own article on AgWeb. Absolute garbage. I predict the sky is blue, the sun will rise and in winter it snows. Write something that might be helpful!!


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