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, August 1, 2023:
September corn settled on Tuesday at $4.97, -60½¢ from last Tuesday.
December corn settled on Tuesday at $5.07¼, -58¢ since last Tuesday.
The past 7 days’ high was $5.65, the low was $5.05½.
Contract high is $6.79¼ made Apr 27, 2022;
Contract low is $3.97½ made Dec 15, 2020;
Range is $2.81¾.
Yesterday’s closing price was: