Corn closed lower for the first time in five weeks following a USDA report that was in line with expectations. December and March corn ended the week 6 cents lower while May closed 7 cents lower on the week. The funds ended the week long 412,459 corn contracts and...
The markets put the brakes on their rally last week as traders headed for a three-day weekend. With a USDA report on the 11th, the funds long position and a chance for peace talks in the Black Sea region trade was light to end the week. December corn ended the week...
Reports from multiple crop tours (Pro Farmer being the largest) over the past week continue to indicate a crop that is not as big as last year and below the USDA’s current evaluation. Adding to the bullish news were reports that Russia was looking to intensify its...
Corn futures doubled down with another 20 cent gain this past week as bullish news from the crop tour fueled the rally. September corn closed 25 cents higher on the week while December and March ended the week 26 and 25 cents higher respectively. The funds are now...
Corn found support this past week on the heels of a bullish yield number from the USDA and lack of a truce between Russia and Ukraine. September corn gained 20 cents while December and March futures closed 21 cents higher. The funds are now long 201,875 corn contracts...
The corn market had a 20-cent trading range last week before settling 2 cents lower in the September, December and March contracts. Ongoing peace talks and private estimates for the upcoming USDA report were the market movers. The funds ended the week long 140,821...
