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Weekly Summary & Recommendations 5/31/23

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 30, 2023:


July corn settled on Tuesday at $5.94, +16½¢ from last Tuesday.

December corn settled on Tuesday at $5.25¼, +8½¢ since last Tuesday.

The past 7 days’ high was $5.36¼, the low was $5.13½.

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