Market Information
June 30, 2023 |
ATI Newsletter 2023 - Week 26
Those monitoring the corn market were surprised by Friday’s bearish USDA Acreage report. Not only was the updated corn plantings estimate up 2.1 million acres from March, but it was well above the highest pre-report trade estimate. In response to the report and ideas of improving weather, December corn futures collapsed on Friday, closing at the lowest settlement price since Oct. 21, 2021.
