Farms.com Home   Videos   Crops

Farmer Selling Caps Corn Rally

May 31, 2024

Video: Farmer Selling Caps Corn Rally

December corn struggles to surpass the $5 mark, affected by strong "hedge pressure" from farmers. With planting in full swing, farmer sales have intensified. Despite a substantial short-covering move, fund traders still hold a significant short position. The next two weeks of planting progress will be critical for future price actions.