Weekly Summary & Recommendations 3/5/25
- Wright team
- Mar 5
- 4 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, March 4, 2025:
May corn settled yesterday at $4.51½, -42¾¢ since last Tuesday.
Tuesday’s closing price was $1.21¾ below the contract high of $5.73¼ (Jun 21, 2023) and 37¼¢ above the contract low of $4.14¼ (Aug 26, 2024).
USDA’s 2024/25 crop carryout in terms of days’ use: US 37, world 86.
Pricing factors:
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