A Breath of Optimism for Corn in a Down Market

Joe Janzen

farmdoc daily, 2025, vol. 14, issue 182

Abstract: The long-run and short-run narratives in the corn market have diverged. New-crop December corn futures prices rallied about $0.45 per bushel, or nearly 12%, in the last six weeks to approximately $4.25 per bushel. The price rose even as the calendar rolled into the heart of harvest season in the US Corn Belt. Increasing prices are atypical at this time of year. The mean and median price change between late August and early October is a 2% price decline. Since 2001, new-crop corn futures have seen larger rallies than the one just observed in this same period only twice: in 2006 and 2010. Even in the latter half of 2020, when corn prices bega

Keywords: Agribusiness; Ag Market Insights; Grain Outlook (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ags:illufd:358424

DOI: 10.22004/ag.econ.358424

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