Market Analysis
Tomorrow is the big day, the Jan. 12 Crop Production and World Agricultural Supply and Demand Estimates reports. Here’s what you need to know before the reports are released.
In one stroke of the pen, in yesterday’s Grain Stocks report, USDA took care of the tight-stocks issue that has carried the market since June.
The July Supply & Demand report suggests corn prices between $3.60 and $4.10 until the August report.
This was a bullish report in the sense that just about every trader was focused on the new crop.
Hear some pre-report commentary for the upcoming USDA crop reports.
Corn made significant advances during the week, but Friday trimmed those gains.