Weekly Summary & Recommendations 7/6/22

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, July 5, 2022:

December corn settled on Tuesday at $5.78¾.

Price change Tuesday to Tuesday: down $0.80½.

The past week’s high was $6.62½, the low was $5.71.

Contract high is $7.66¼ made May 16, 2022;

Contract low is $3.69 made June 26, 2020;

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