Source: Al Kluis, SUCCESSFUL FARMING, 3/31/22


I wrote this morning about how on these USDA March reports that you will often get a 4% or 30¢ trading range in corn and 67¢ trading range in soybeans, and that happened again in 2022. Corn had a 38¢ trading range and July soybeans had a 62¢ trading range. Wheat futures were also very volatile with July CBOT showing a 63¢ trading range. At the close today, May corn futures closed up 10¾¢ higher with December corn at new contract highs at $6.83¾.

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