Weekly Summary & Recommendations 7/12/23
- Wright Team
- Jul 12, 2023
- 3 min read
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our pricing recommendations for corn, soybeans and wheat for past week Wednesday to Tuesday.
Corn
Corn situation after the close Tuesday, July 11, 2023:
September corn settled on Tuesday at $4.94½, +11¼¢ from last Tuesday.
December corn settled on Tuesday at $5.01½, +8¢ since last Tuesday.
The past 7 days’ high was $5.09½, the low was $4.85½.
Contract high is $6.79¼ made Apr 27, 2022;
Contract low is $3.97½ made Dec 15, 2020;
Range is $2.81¾.
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