Currently viewing the tag: "Corn"

The markets were looking for a path to follow in yesterday’s action and came to the conclusion that there is no direction whatsoever. European economic woes continue to mount and we are running out of safety blankets to soften the blow of the fall we are experiencing. In the overnight electronic session we have a [...]

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In the overnight electronic session the December Corn is currently trading at 343 ¼ which is 4 ¾ cents lower. The trading range has been 346 ¾ to 343 ¼ so far. The market is showing seasonable weakness and we could see the floor fall out and see a heavy break to the downside. On [...]

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In the overnight electronic session the November Natural Gas is currently trading at 3.765 which is .31 cents lower. The trading range has been 3.817 to 3.760 so far. Hurricane Gonzalo now a Category 4 is no longer a threat to Henry- Hub as the storm is tracked moving up the eastern seaboard traveling north-northwest [...]

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Algorithms and High Frequency Trading be dammed! Once again Free Markets for Free Men once again proved a fair and open market will always succeed! In the overnight electronic session the Corn is trading lower while Soybeans are trading higher and Wheat is lagging at the moment. There is buying interest in one of the [...]

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In the overnight electronic session the Grains are easing lower after yesterday’s rollercoaster ride in the open out-cry session with the Grains settling right near the highs. The December contract is currently trading at 354 which is 3 cents lower. The trading range has been 356 ¾ to 352 ¾ so far. Speaking with farmers [...]

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In the overnight electronic session the Grains continued to rally. Although they are coming off session highs and sellers seem to be wetting their appetite. The December Corn is currently trading at 346 which is unchanged. The trading range has been 349 to 345 ¼ so far. It seems to me the market is setting [...]

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In the overnight electronic session the December Corn is currently trading at 334 ¼ which is ¼ of a cent higher. The trading range has been 337 ¼ to 330 ½ so far. With today’s bank holiday expect light volume which could produce some big corrective swings in the Stock market and the basket of [...]

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Super Mario is at it again. With a very weak German economy and the rest of the European theatre in bad shape as well Mario Draghi is talking more quantitative easing which means they will print more Euro’s like the Fed did in the 2007 banking crisis when Draghi declared it was America’s problem and [...]

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This morning we will be busy at 7:30 A.M. with Export Sales, Initial Jobless Claims and Wholesale Trade data to be released. And later at 9:30 we have the weekly EIA Gas Storage inventory data which could change the hearts of sellers minds depending on the injection number. In the overnight electronic session the December [...]

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The title says it all with the reflection of the markets and the global economic cycles we are realizing. In the overnight electronic session the December Corn is currently trading at 339 ¾ which is ¾ of a cent lower. The trading range has been 341 ¾ to 337 ½ so far. The Grain complex [...]

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The initial frost scares and dry weather in Brazil coupled with transportation concerns in South America to move and store the crop. We saw the effect of Brazil’s dry weather in the Coffee market yesterday as well. In the overnight electronic session the December Corn is currently trading at 330 ¾ which is 1 ¾ [...]

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In the overnight electronic session the December Corn is currently trading at 328 which is 4 ¾ cents higher. The trading range has been 329 ¼ to 323 ¼ so far. The spike in prices can be traced to cooler than norm temperatures in places in the mid-west in this harvest season. Another bullish factor [...]

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