December Corn

December options expire this Friday. In December corn, the call strike price–with lots of open interest (over 13,000)–is $5.80. The put strike price, with lots of open interest (7,600), is $5.70. We should not be surprised to see prices stick around these prices through Friday. 

Get our daily in-depth analysis delivered directly to your inbox by 5:30 AM CST each morning, along with other services created specifically for farmers, when you become a Kluis Commodity Advisors client. Try our Kluis Commodity Advisors 30-day free trial to test it out.