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DTN analyst Todd Hultman says row-crop prices have held up since the end of 2017, with December corn up 20 1/4 cents and November soybeans up 52 1/2 cents. He attributes much of the gain to Argentina's drought and notes seasonal patterns favor higher prices into early summer.
Seasonal strength and the Argentina drought support row-crop prices, but spot corn may be losing upward momentum, which matters for feed purchase timing.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.