top of page
If You Haven't, Try Our Daily Grain Market Reports FREE for 30 Days!
Search

Weekly Summary & Recommendations 1/29/25

Writer's picture: Wright teamWright team
2 days ago4 min read

Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn, soybeans and wheat (Soft Red Winter, Hard Red Winter & Spring), fuel, fertilizers for past week Wednesday to Tuesday.


Explanation of our approach:



Corn


Corn situation after the close Tuesday, January 28, 2025:


March corn settled yesterday at $4.85¼, -4¾¢ since last Tuesday.


Tuesday’s closing price was 88½¢ below the contract high of $5.73¾ (Jan 3, 2023) and 81½¢ above the contract low of $4.03¾ (Aug 26, 2024).


USDA’s 2024/25 crop carryout in terms of days’ use: US 37, world 86.


Pricing factors:

            Want to read more?

            Subscribe to wrightonthemarket.com to keep reading this exclusive post.

            bottom of page