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Weekly Summary & Recommendations 5/24/23

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, May 23, 2023:


July corn settled on Tuesday at $5.77½, -3¾¢ from last Tuesday.

December corn settled on Tuesday at $5.16¾, +11½¢ since last Tuesday.

The past 7 days’ high was $5.19½, the low was $4.90¾.


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