Charet of the Day – March Corn

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Monday, January 27, 2025 March Corn March Corn settled down 4 ½ cents on Monday, closing at 4.82.  Last week saw Corn prices touch 4.94 ½, their highest level since May 29th of 2024, setting the weekly high last Thursday.  Friday was a …

Chart of the Day – March Corn

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Tuesday, January 14, 2025 March Corn March Corn futures closed at 4.74 ½ today, down 2 cents.  Last Friday, just 2 trading days ago, the USDA “finalized” the current crop, with the release of the January WASDE.  In that report, fuel was given …

Chart of the Day – March Corn

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Monday, January 6, 2025 March Corn March Corn started this week gaining 7 cents to close at 4.57 ¾.  This will be (almost) the first full week of trading since the week before Christmas.  I say “almost” because we’ll lose a little over …

Chart of the Day – March Corn

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Monday, December 9, 2024 March Corn As we start off this week, March Corn settled up 1 ¾ cents, at 4.41 ¾.  Monday’s settlement was the highest since Friday, November 8th.  Traders are looking forward to tomorrow’s 11 AM CT release of the …

Chart of the Day – March Corn

Jeff FosseGeneral Commentary

The information and opinions expressed below are based on my analysis of price behavior and chart activity Monday, December 2, 2024 March Corn As we start the last month of 2024, March Corn settled the day down ½ cent at 4.32 ½.  November saw prices gain by 7 cents, compared to October, but 5 cents of that gain came on …