1/15/2025 8:00 am

A reminder the CBOT grain markets are CLOSED Monday for MLK Day.

Corn market is slightly higher this morning. Argentina weather maps disagree about weekend rain events. Currently temps running as high as 105 degrees with Euro model seeing rains of 3/4 to 1.50 inches and 65% coverage this weekend. But GFS models don't have the rains. And the hot temps are to return toward the end of the 10-15 day period. The rains this weekend will be needed.

Resistance for March corn at $4.80 and then $5.00-5.10.

 1/10/2025