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S Illinois | We are prime time for the beginning of seasonal rallies. Normally we are not selling off going into mid-May. After this period it takes a real crop problem to rally the markets. If markets are falling now and a good growing season follows, prices fall all summer.
Some seasonality charts from a few years ago. https://www.dtnpf.com/agriculture/web/ag/blogs/fundamentally-speakin...
Edit: Wheat is such a big headwind right now. It will be tough to get corn to rally without wheat moving up also. $5 spot wheat bids are really hanging over this corn market.
Edited by w1891 5/13/2025 10:27
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Corn
