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Writer's pictureWright Team

Weekly Summary & Recommendations 2/15/23

Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn, soybeans and wheat for past week Wednesday to Tuesday.



Corn


Corn situation after the close Tuesday, February 14, 2023:

March corn settled on Tuesday at $5.82¼, +8¼¢ from last Tuesday.

December corn settled on Tuesday at $5.97¾, +4¼¢ since last Tuesday.

The past 7 days’ high was $5.98¾, the low was $5.89¾.


Contract high is $6.79¼ made Apr 27, 2022;

Contract low is $3.97½ made Dec 15, 2020;

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