# Trends + Interpretation of 2022 CME Corn, Soybean and HRW Wheat Futures (as of 12/23/2022)

> Kansas State Extension reviewed CME futures as of 22 December 2022, with March 2023 corn closing at $6.60 1/2 and December 2023 new-crop corn at $6.01 1/4. The spread shows a negative carry, giving no incentive to store grain into 2023.

- Date: 2022-12-24 · published 2022-12-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38288-trends-interpretation-of-2022-cme-corn-soybean-and-hrw-wheat-futures-as-of-12
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

An inverted corn curve signals the market expects looser supplies later, which discourages storage and points to lower forward corn prices for feed buyers.

## Read by commodity

- CORN: bearish ▼

## Sources

- ksugrains.wordpress.com: https://ksugrains.wordpress.com/2022/12/24/trends-interpretation-of-2022-cme-corn-soybean-and-hrw-wheat-futures-as-of-12-23-2022/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.