Below is a daily chart portraying the trade action for the DEC16WMAZ contract over the past couple of months. The contract price has shown good strength … Read More
South African maize imports for the week ending Aug 12th came in at 42,721t, bringing total progressive maize imports for the current marketing year to 471,974t … Read More
The latest U.S. crop progress report showed the countries ‘good-to-excellent’ rating remain unchanged at 74%. Corn dough increased to 73% completed and vs last week’s 53% … Read More
Friday’s WASDE report showed the following figures: U.S. Corn yield came in well above expectation at 175.1bu/acre vs prev 168 and vs expected 170.6; U.S. corn … Read More
The latest U.S. crop progress report showed a 2% reduction in corn ‘good-to-excellent’ rating to 74%. The drop in the rating came from a 2% decline … Read More
Below is a graph portraying the spread between MAR17WMAZ and JUL17WMAZ, with July over March. The spread continued to close over the past 4 weeks. The … Read More
The Rand rallied in strength reaching new 9month’s highs against the Dollar after the Bank of England cut interest rates by 25 basis points as well … Read More
Below is a 4h chart portraying the trade action for the DEC16CORN contract (ZCZ2016) traded in Chicago. The contract price slipped to new 22month lows late … Read More
The latest U.S. corn crop progress report left the ‘good-to-excellent’ rating unchanged at 76% as shown in the graph below. The ‘good’ rating declined by 1% … Read More
The Rand rallied in strength against the Dollar on Friday afternoon after U.S. advance GDP missed expectation causing a weakness in the Dollar. The Rand plunged … Read More