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
Chicago corn, for December delivery, is just pivoting around its technical support/resistance level of $3.33/bushel as shown in the 4hour chart below. Traders will look ahead … 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 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 recent U.S. Crop progress report showed corn ‘good-to-excellent’ rating remain UNCH at 76%, topping the best conditions for this time of the year vs the … Read More
Temperatures are on the rise across the U.S. Corn Belt but also expected are a flow of precipitation for the next 5-7days….sounds like a recipe for … Read More
The May WASDE report showed: U.S. old crop corn ending stocks came in fairly in-line with expectation at 1.803bil bu vs exp 1.841bil bu and vs … Read More
U.S. corn planting continues to run well on pace, currently at 64% completed vs expected 62% and vs the 5yr average of 50% and vs the … Read More
U.S. corn plantings are well on its way showing 13% completed vs the same time last year of 7% and vs the 5yr average of 8% … Read More