# Spreads determined direction of grain markets Thursday | Iowa Agribusiness Radio Network

> Grain markets focused on the July WASDE, which seemed routine until corn rallied in the afternoon. Brian Grossman of Zaner Ag Hedge said bullish calendar spreads, holding 30 to 40 percent of full carry, explained the move. He added that managed money had shifted toward commercial positioning.

- Date: 2019-07-11 · published 2019-07-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/58048-spreads-determined-direction-of-grain-markets-thursday-iowa-agribusiness-radio
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Spread strength signals tight nearby corn supplies, which supports near-term corn prices despite a record carryout figure.

## Read by commodity

- CORN: bullish ▲

## Sources

- iowaagribusinessradionetwork.com: https://iowaagribusinessradionetwork.com/spreads-determined-direction-of-grain-markets-thursday/

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