top of page
If You Haven't, Try Our Daily Grain Market Reports FREE for 30 Days!

Weekly Summary & Recommendations 9/6/23

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, September 5, 2023:


December corn settled on Tuesday at $4.86, -¾¢ since last Tuesday.

The past 7 days’ high was $4.91¾, the low was $4.76¾.

Contract high is $6.79¼ made Apr 27, 2022;

Contract low is $3.97½ made Dec 15, 2020;

Range is $2.81¾.

Yesterday’s closing price was:

$1.93¼ below the contract high;

$0.88½ above the contract low.


USDA’s 2022 crop carryout in terms of days’ use: US 39, world 93.

USDA’s 2023 crop carryout in terms of days’ use: US 56, world 95.


Pricing factors:

Want to read more?

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

Комментарии

Не удалось загрузить комментарии
Похоже, возникла техническая проблема. Заново подключитесь к интернету или обновите страницу.
bottom of page