As I mentioned in my previous recap, there was potential for a lot of market movers last week and two of the four were realized. The government is now back to work, and the USDA did not disappoint in shocking everyone with the results in their report. Despite all the...
We saw a lot of activity in the corn market last week, but the net result was minimal as traders contemplate and wait to see what happens on the China trade front. December corn ended the week 4 cents lower while March and May each ended the week 2 lower. The funds...
There was a lot of bullish activity in the markets last week leading up to the meeting between President Trump and President Xi. Following the meeting trade volume slowed, and we saw a slight selloff, but remained positive for the week. December corn closed 8 higher...
The corn market had another uneventful week as traders wait for news of the government returning to work or a trade deal with China, neither of which are on the immediate radar. Corn ended the week 1 higher in the December contract while March and May finished...
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...
