NEWS
Second Shot at Better Corn Prices?
Katie Micik DTN Markets Editor
Fri Feb 27, 2015 01:05 PM CST

PHOENIX (DTN) -- Farmers may get a second shot at better corn prices, several market advisers said during a presentation at Commodity Classic here Friday.

Ed Usset, a grain marketing specialist at the University of Minnesota, said over the last 35 years, the market has a tendency to rally in the March-to-May timeframe. Out of those 35 years, about 70% of the time the December corn contract reaches or exceeds its December high during the March-to-May period. So for farmers looking for a second opportunity to price 2015 corn, that's a 70% chance the contract will return to its $4.39 ...

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