Corn Situation After the Close Tuesday, January 25th, 2022:
March Corn Settled Yesterday at $6.20
Price Change Tuesday to Tuesday: up 20¾ cents
19-month high $6.40½ May 7, 2021
19-month low $3.67 June 26, 2020
19-month range is $2.73½
Yesterday’s closing price is:
20¼ cents below the 19-month high
$2.53¼ above the 19-month low
USDA's 2020 crop carryout in terms of days’ use: US: 30, world: 94
USDA's 2021 crop carryout in terms of days’ use: US: 38, world: 92
Seasonal Trend is Up
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