Weekly Winners & Losers
After 11 consecutive weeks of lower trade, May corn managed an 11-cent bounce to close the week near $4.25.
ELEVEN long losing weeks!!!
2024’s crop insurance corn base price has been set at $4.66:
Dec corn finished the week up 10 at $4.59 - which sits $1.10 lower than Dec 23, one year ago, and $1.70 lower than Dec 22, two years ago.
For a different perspective, I removed the past three years:
Dec 24 futures are mirroring the last few months of Dec 23’s trade to start the new year:
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