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Weekly Summary & Recommendations 5/3/23

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 situation after the close Tuesday, May 2, 2023:

July corn settled on Tuesday at $5.80, -27¾¢ from last Tuesday.

December corn settled on Tuesday at $5.19¾, -28½¢ since last Tuesday.

The past 7 days’ high was $5.50, the low was $5.18.

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