Weekly Summary & Recommendations 7/2/25

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 and fertilizer 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. Plan A is one sale at the high, with possibly buying options later. Plan B is three sales during the seasonally high period. Plan C is four sales during the year.

Lock basis and futures separately as a main rule, here is an explanation. If you need cash flow but want to be in the market, do a basis contract, or sell cash & establish a futures/options position.

Corn

Corn situation after the close Tuesday, July 1, 2025:

September corn settled yesterday at $4.06, -6¼¢ since last Tuesday.

December corn settled yesterday at $4.22, -7¢ since last Tuesday.

Tuesday’s closing price was 93¢ below the contract high of $5.15 (June 22, 2023) and 5½¢ above the contract low of $4.16½ (July 1, 2025).

USDA’s 2024/25 crop carryout in terms of days’ use: US 33, world 83.

USDA’s 2025/26 crop carryout in terms of days’ use: US 41, world 79.

Pricing factors:

Want to read more?

Subscribe to wrightonthemarket.com to keep reading this exclusive post.

Subscribe Now