Seasonally, the National Cash Index tends to rally during the winter while December futures move into hibernation.
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Fundamentally, the market looks to be more bearish than a year ago, but things could change next spring.
Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. From a structural point of view, it could still be argued the corn market is set to rally over the winter and spring quarters.
Somehow, the end of another year is coming up fast in the windshield. Where 2025 went, I have no idea, but it is largely behind us now. For this piece, let's look ahead at what next year might bring for the market I follow more than any other – Corn. As we get set to move into the next two weeks of holiday disrupted trade, it gives me time to address three key questions in the corn market, largely from an investment point of view, but those who are in agriculture are invested in King Corn as well. Not only is corn the leader of the Grains sector but has close ties with what happens out in the Barn (Livestock sector) as well. As you know I view corn as the bonds of the ag industry, and not because the market is exciting like James, as in Agent 007, but because it is usually boring like US Treasuries. Last but certainly not least there is King Corn’s Royals Connection that has to do with the inverse relationship between the fortune of the Kansas City Royals Major League Baseball team and the December corn futures contract. But that is a discussion for another day.
