Corn is planted in the spring and harvested in the fall, Therefore...
✔ Mar, May, Jul contracts occur prior to harvest and represents old crop
The markets usually decline to favor the December contract (new crop) after the beginning of planting and prior to harvest
Between 3/5 and 6/27 the December contract has outperformed the July contract:
✔ 13 of the past 15 years*
✔ For an average profit is $913 (assumes 2 round turn contracts)
* PAST RESULTS WERE DERIVED FROM SEASONALGO.COM WHICH LOOKS AT THE MOST RECENT 15-YEAR PERIOD. THERE IS NO GUARANTEE THAT HISTORICAL PERFORMANCE WILL REPEAT AT THE SAME PROFIT OR FREQUENCY.