March Corn Closes at Lowest Price Since December 2010

Posted on December 14, 2011

Today was a rip-your-face-off kind of day for long commodities traders as supply and demand fundamentals flew out of the cuckoo’s nest and the EUR/USD exchange rate hit an 11 month low. Corn closed at 5.8050, which is a 12 month low.  Wheat & soybeans also traded much lower today.

Contract Commodity Last Change
Jan 2012 Soybeans $11.0350 -0.1850
March 2012 Corn $5.8050 -0.1375
March 2012 Wheat $5.8200 -0.1975

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