top of page
If You Haven't, Try Our Daily Grain Market Reports FREE for 30 Days!

Weekly Summary & Recommendations 2/28/24

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) for past week Wednesday to Tuesday.

Explanation of our approach:


Corn situation after the close Tuesday, February 27, 2024:

March corn settled on Tuesday at $4.08¼, -10½¢ since last Tuesday.

The past 7 days’ high was $4.19½, the low was $3.94½.

Contract high is $6.85¼ made April 27, 2022;

Contract low is $3.94½ made February 26, 2024;

Contract range is $2.90¾.

Tuesday’s closing price was $2.77 below the contract high and 13¾¢ above the contract low.

USDA’s 2023/24 crop carryout in terms of days’ use: US 54, world 98.

Pricing factors:

Want to read more?

Subscribe to to keep reading this exclusive post.


Δεν ήταν δυνατή η φόρτωση των σχολίων
Φαίνεται πως υπήρξε τεχνικό πρόβλημα. Δοκιμάστε να επανασυνδεθείτε ή να ανανεώσετε τη σελίδα.
bottom of page