DTN Corn Alert

(5/19/2026)

2025-26 and 2026-27: With the corn market rallying over 20 cents to begin this week but again showing fatigue near calendar year highs, consider hedging more old- and new-crop given the seasonal tendency of highs in May, with a non-threatening weather outlook thus far. Unwind the previous put/call strategy, for a net cost of 3 cents for the hedge. Sell the remaining 25% of 2025 corn production for summer delivery at a net cash price of near $4.33, according to the DTN National Corn Index. Meanwhile, sell another 15% of new-crop 2026 corn with December 2026 futures near $4.96 to bring total sales to 50%, and protecting prices on any bushels which must be delivered at harvest. The market from here will likely trade based on Corn Belt weather, which we will monitor for rallies and further marketing opportunities.