Grains Eye The Start Of Barley Planting, 11 Days From Now

Yesterday the expiring March corn contract broke through the 2021 rally peak of 775. Today, the May temporarily did so in its limit up morning trade. Though the days close was a bit off the highs, we cannot call this is big win for bears. For the week May gained 63 1/2 cents, 22 1/4 for the December. For both contracts new contract highs and also a new high-close were noted on Friday. The market is pricing in export declines for Ukraine and Russia and idea there will be disrupted planting and fieldwork for both barley and corn.

This content requires a premium subscription.

Please login to your premium subscription to view this content in its entirety.


Forgot your password? Reset it by clicking here.
Need an account?
Try our FREE 1 week trial, no card required.
Interested in our Free Webinar?

Sign up now! 

Post Archives

Allendale Insider

On The Go

Market Movers


Trader Insights

Morning Wake up Calls