corn

I for one will be glad to see this month end. Today's large move down in CORN seemed to put a punctuation mark on my performance this month. However I think today's move was the flush out need for this to have an upward move over the next couple of weeks. It's possible that it's forming a head/...

GRAINS: December corn futures closed down 22 1/2 cents at $7.23 today. Prices closed nearer the session low today, hit a fresh three-week low and scored a bearish "outside day" down on the daily bar chart. There are early anecdotal reports coming in from the southern U.S. corn belt that corn yields...

Long term readers of this letter know that I have long been banging away on the fact that the world is making people faster than the food to feed them. According to the World Bank, the world's population is expected to jump 2 billion, from 7 billion to 9 billion in the next 40 years. [...] Go to...

Thursday, September 1, 2011 Corn continues to have strong fundamentals going into the fall harvest. Crop health has continued to worsen as the growing season has progressed and weaker yields could result in another significant cut in USDA estimates. In the short-term, however, technical resistance...

By Tom Clancy Disastrous weather has put this year's crop report in question, and could affect fertilizer stocks, crop insurance, and more. “Soldiers of corn, lend me your ears!” --El Seed in The Tick The Ag trade consists of 4 parts: 1) Seeds Monsanto (NYSE: MON) DuPont (NYSE: DD) 2)...

Brazilian ethanol, which is made from sugarcane, has traditionally been one of the cheapest sources of biofuels around. However, according to the U.S. commerce department, Brazil imported nearly 70 million liters of corn-based US ethanol in 2010, up from just 1 million in 2009. The surge in ethanol...

The agricultural futures markets are now closed. Wheat and beans finished negative while corn gained slightly. Wheat finished -6.25c to 783 ¾. Beans finished -12c to 1372. Corn finished +5c to 765 ¼. Corn put it another solid day of gains, while wheat and beans closed down. The wheat finally sold...

The agricultural futures finished the pre-market session neutral to weaker. Wheat finished +0.75c to 790 ¾. Corn finished down 4.5c to 755 ¾. Beans were down 9.5c to 1374 ½. The outside markets are a little weaker with crude down $0.40, the euro down 60 points, gold flat, and S&P 500 futures...

The agricultural futures markets are now closed. Corn finished +39.25c (+5.66%) at 732 ½. Wheat was down 2.75c to 760 ½. Beans were down 15c to 1395 ¼. Corn rallied up to reach its expanded limit soon after the day session open. It was locked limit-up for the first hour of trading, but pulled back...

After spending the last hour locked limit-up, corn has come off limit and is now +41c to 734 ¼. Wheat is now down 10c to 753 ¼ and beans are down 11.5c to 1398 ¼. Beans and wheat are making new lows for the trading session. Yesterday's USDA report was negative for wheat, but wheat has been well...