Analyst: Every Penny Counts, Seize Corn Market Opportunities

Every Penny Matters
Corn canopy ( Rhonda Brooks )

December corn futures are firmly above the $4 mark, something that might not have seemed possible to some producers one year ago.

“Certainly things look to be cautiously optimistic—it’s relatively easy to be friendly on a fundamental standpoint,” said Jarod Creed, owner of JC Marketing Services, LLC. “I like to think most guys are off to a better start this year than they were last year.”

Summer deferred contracts are hovering around the $4.30 per bushel mark to $4.40, and this is an opportunity Creed said is something that shouldn’t be passed.

“Keep your toes in the water—every penny matters,” he said.

Hear Creed’s perception on farmer attitudes this planting season and his full analysis on AgDay above.