Weekly Summary & Recommendations 4/23/25
- Wright team
- Apr 23
- 5 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.
Read about our approach to this report here.
We discussed 2025 corn and soybeans marketing plan on March 23. Refer to our daily mailing on that day or this post on the website.
We provide three different marketing plans (in order of decreasing our preference). The marketing decision is yours to make, obviously you can mix those plans, change the sales size or add extra sales.
Corn
Corn situation after the close Tuesday, April 22, 2025:
May corn settled yesterday at $4.75¾, -5½¢ since last Tuesday.
Tuesday’s closing price was 97½¢ below the contract high of $5.73¼ (Jun 21, 2023) and 61½¢ above the contract low of $4.14¼ (Aug 26, 2024).
USDA’s 2024/25 crop carryout in terms of days’ use: US 35, world 85.
Pricing factors:
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