Early Trade:
Corn: 3 to 5 higher ($4.35 to $4.61)
Beans: 19 to 9 higher ($11.11 to $10.98)
Wheat: 6 to 8 higher ($5.35 to $5.87)
2025 Corn
The 2025 crop Sales Target for another 10% against the March contract at $4.35 was just hit. This will take sales to 80% complete for old crop corn. Corn prices have rallied 15 cents since the devastating January USDA report lows. Corn is following beans strong rally after Wednesday’s bullish US/China trade deal update.
Also consider pricing some old crop beans as prices have rallied to Wednesday’s highs and are 75-cents higher than the January lows. Please call me with questions as this week’s trade developments are presenting some opportunities for re-ownership in corn.
March Corn - Daily
Sales Targets
Corn
Beans
Wheat
- 2024 Crop Finished Finished Finished
- 100% Sold at $4.46 Avg 100% Sold at $11.13 Avg 100% Sold at $6.24 Avg
- 2025 Crop 10% at $4.55 – March ‘26 Finished Finished
- 80% Sold at $4.44 Avg 100% Sold at $10.67 100% Sold at $6.24 Avg
- Current Price $4.34
- 2026 Crop 10% at $4.65 - Dec ‘26 10% at $11.25 – Nov ‘26 On Hold– July ‘26
- 30% Sold at $4.72 45% Sold at $10.95 50% Sold at $6.13
- Current Price $4.60 $10.97 $5.55
%’s are total of expected yields. Bold Prices are Updated Sales Targets. * price includes trading
Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction. No market data or other information is warranted by Reliance Capital Markets II LLC as to completeness or accuracy, express or implied, and is subject to change without notice. Any comments or statements made herein do not necessarily reflect those of Reliance Capital Markets II LLC, or their respective subsidiaries, affiliates, officers or employees. Disclaimer: Past performance is not indicative of future results. Strategic Trading Advisors is a registered DBA of Reliance Capital Markets ll LLC.
About Jody Lawrence
Jody Lawrence has been in the commodity brokerage and agriculture marketing business since 1992 and started Strategic Trading Advisors in 1999 and runs it today with his son Brady. The daily market comment his company publishes has over 7000 subscribers in 33 states and 3 countries and provides a concise overview of the world markets with ideas on farm hedging and marketing. Jody also travels the country giving 60-70 marketing meetings a year through his 22-year strategic partnership with Helena Agri-Enterprises.
About Brady Lawrence
Brady Lawrence is an Agriculture Market Specialist and Financial Advisor that focuses on commodities markets, futures and options brokerage, and helping individuals and families plan for retirement and their financial futures. Brady joined Jody at Strategic Trading Advisors in 2018 after college and supports the market research and brokerage sides of the business.