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Weekly Summary & Recommendations 02/16/2022

Corn


Corn Situation after the close 15th February 2022 Even though we expect old crop futures to exceed $7, we recommended pricing 2021 corn when nearby futures were $6.24 to eliminate risk and prepare to buy puts when high is made this spring or early summer to make the money on the way down not made on the way up.

December corn settled at $5.89¾ Price Change Tuesday to Tuesday: up 7¾ cents 20-month high $5.98¾ made 14 February 2022 20-month low $3.68¾ made June 26, 2020 20-month range is $2.30

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