|
| When should you typically be selling corn?
Usually spring and summer time. Because we will typically get a weather scare rally when supply is at it's lowest vs during harvest time when we have the most supply.
So when is historically the best month to sell corn?
Here is a great chart from Matthew Pot of Grain Perspectives, he outlines what months December futures have made their highs each year.
Here is a breakdown of how many times we have made our highs in each month since 2000.
January: 2 (2001, 2013)
February: 0
March: 0
April: 2 (2004, 2014)
May: 4 (2000, 2003, 2018, 2021)
June: 6 (2007, 2008, 2009, 2016, 2019, 2023)
July: 3 (2005, 2015, 2017)
August: 2 (2011, 2012)
September: 1 (2002)
October: 0
November: 3 (2006, 2010, 2020)
As you can see from this data, there have only been 2 years where the December contract did not make it's high after January.
June led with 6 of the 23 years.
My point is that there is a good chance prices will be higher towards spring and summer. We "almost" always get a seasonal rally.
Typically the size of this seasonal rally comes down to South America production and if we get a weather scare for our crops here in the US.
I still believe that Brazil's second crop corn could very well be a lot smaller simply due to the late planting of beans potentially leading to less acres and pushing the crop into a non favorable time frame…
 (IMG_9925 2 (full).PNG)
Attachments
----------------
 IMG_9925 2 (full).PNG (193KB - 301 downloads)
| |
|
When should you be selling corn? Historical highs
