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...
Trade was quiet last week as traders returned from the Labor Day weekend. December corn ended the week 2 cents lower while March and May futures lost 1 cent. The funds ended the week short 93,197 corn and long 6,416 soybean contracts. While the markets were quite last...
Profit taking by the funds was the motivating factor in the corn market as they reduced their short position to end the week, month and quarter. December, March and May corn all ended the week 9 cents higher. The funds reduced their short position in corn by 30,000...
