Corn Jul '18 (ZCN18)
Price PerformanceSee More
|Period||Period Low||Period High||Performance|
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+18-4 (+4.77%)since 04/23/18
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+23-6 (+6.21%)since 02/23/18
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-2-6 (-0.67%)since 05/23/17
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Corn futures closed the Tuesday session with most contracts steady to 2 1/4 cents higher. Traders are still keeping an eye on the Brazilian crop, and the dryness they’re experiencing. Most states in the Corn Belt are at or above their respective planting progress averages, with IA lagging normal pace by 2%. States along the Northern parts of the Corn Belt are behind normal pace for emergence. The national average cash price on Monday evening was $3.68 according to DTN, 30 1/2 cents better than this time last year. That put the national average basis at -34 cents, 2 3/4 cents stronger than a year ago. Argentina’s 18/19 crop is seen as rebounding to 40 MMT according to analysts with the country’s Maizar. They are still harvesting the 2017/18 crop at the moment.Jul 18 Corn closed at $4.04 3/4, up 2 cents,Sep 18 Corn closed at $4.13 1/2, up 2 1/4 cents,Dec 18 Corn closed at $4.23 1/4, up 2 1/4 centsMar 19 Corn closed at $4.31 1/4, up 2 cents
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