News Details

2020 December Corn Futures overnight hit $4.00/bu!

(Oct 15, 2020)

The uptrend remains intact on a smaller U.S. corn crop, strong Chinese demand and the perception that a continued dry South American La Nina weather pattern will further delay the soybean planting season and push the second-Safrinha corn crop into a less desirable window-of-weather.

In the past 3-yaers corn futures have traded above $4.10/bu but always in the spring.

The probability is increasing that it may happen by year-end!

Maurizio “Moe” Agostino
Moe is the Chief Commodity Strategist. He is responsible for developing plans and assisting clients in the feed, grain and livestock industry to help them protect themselves from commodity price swings. Moe holds a Derivatives Market Specialist (DMS) designation as well as an Honors Degree in Business Administration. Moe has more than 15 years of financial services industry experience.