Corn rebounded from last week’s selloff with no guidance due to the government shutdown and no reports. It appears that traders are trading a smaller US corn yield than the last government report. (186.7 bpa) December corn ended the week 10 cents higher while March...
The corn market sold off on Friday while following soybeans lower on bearish comments from President Trump. Friday’s news resulted in the Funds recording their biggest selloff in several months adding 30,000 contracts to their short position. Despite the large volume...
Despite a volatile week in the corn markets, they managed to continue their sideways pattern. An early week selloff was followed by a mid-week reversal allowed corn to gain back most of its losses. Following a bearish USDA Stocks report on Tuesday the markets...
As harvest ramps up with favorable weather and export demand for soybeans remains absent, the markets continue to remain rangebound while looking for bullish support. December and March corn ended the week 2 cents lower while May futures closed 3 lower. The funds...
The grain markets may have found support but have struggled to find strength as harvest progresses along and politics give us no news. December, March and May futures all closed 6 cents lower on the week. December futures failed to fill the July gap at 4.3275...
The markets ended on a strong note last week, closing 10 higher in Friday’s trade despite a neutral USDA report. December corn ended the week 12 cents higher while March and May futures ended the week 11 and 10 cents higher respectively. The funds reduced their...