Despite the world’s shipping issues tied to the black Sea, weather took control of the markets late last week. With rain falling across the major corn growing areas and forecasts for more over the weekend, September, December and March, futures all traded 23 cents...
War, Weather and Wheat were the market movers this past week. September futures ended the week 19 higher while December and March both closed 20 cents higher. The funds are now long 107,713 corn contracts and long 158,505 soybean contracts. The US and Iran...
The corn market found support in the weather forecasts and stronger wheat markets to close higher last week. September futures ended the week 5 higher while December and March closed 7 cents higher. The funds ended the week long 16,361 corn contracts and long 85,191...
Corn found support last week with weather dominating trade early in the week and the July WASDE adding strength late in the week. September futures ended the week 16 higher while December and March futures closed 18 and 19 higher respectively. The funds ended the week...
The end of a quarter, a USDA report and extended weekend positioning all resulted in a market that was basically unchanged. Despite a 20-cent trading range in a holiday shortened week, September futures ended the week a penny higher while December and March futures...
The markets sold off early last week before mounting a comeback on Thursday with support from multiple angles. Stronger crude oil, end of a quarter, first notice day for July futures and a crop report this coming Tuesday all added to the rally. Ultimately corn ended...
