Currently viewing the tag: "Corn"

This Monday morning we will start off with the Crude Oil market. In the overnight electronic session the September contract is currently trading at 10176 which are 33 points lower at this writing. The trading range has been 10210 to 10139 so far. At this time the market is not overreacting to events in Libya [...]

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With Grid Iron weather in the month of July the Grain Complex is looking like it is ready for harvest pressure early much to the chagrin of most traders and farmers alike. In the overnight electronic session the September Corn is currently trading at 358 ¾ which is 2 ¾ cents lower. The trading range [...]

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The second storm of the Hurricane season has dissipated into a Tropical wave. With the EIA Gas Stocks due out at 9:30 CST this morning and average builds guesstimated on the street average about builds of 96 bcf. In the overnight electronic the August contract is currently trading at 3.778 which is .016 cent higher. [...]

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Hot weather the past two days turns into autumn like weather to day after the rains last night. In the month of July? In the overnight electronic session the September Corn is currently trading at 360 which is ¼ of a cent lower. The trading range has been 361 to 359 ¼ and could be [...]

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In the overnight electronic session the September Corn is currently trading at 365 ½ which is 1 ½ cent higher. The trading range has been 366 to 363 so far. Weather is still a factor as we have severe thunderstorms forecasted tonight which will bring in cooler weather following this current heat dome and could [...]

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Even with hot humid weather moving in the bears are pushing the pedal to the metal again. In the overnight electronic session the August contract is currently trading at 3.855 which is .096 cents lower. The trading range has been 3.893 to 3.844 so far. On the Corn front the slide is in this market [...]

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Warmer temperatures may help carve a path to cheaper prices in the Grain complex. In the overnight electronic session the September Corn is currently trading at 3791/4 which is ¼ of a cent lower. The trading range has been 381 ¼ to 378 so far. The 5-day weather forecast outlook should be ideal growing weather [...]

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If you are looking at the Grains and pondering prices as we are realizing unseasonable cool temperatures that are forecast to leave by weeks end bringing warmer temperatures and more moisture. The Grain complex is flexing the bull muscles but with the extended forecast could run out of steam. The market at the end of [...]

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The grain complex is overall pulling back from the weather story most bullish traders feared the most. However, the Corn was the weak sister in all of yesterday’s rage. In the overnight electronic session the September Corn is currently trading at 378 ¾ which is 2 ¾ cents lower. The trading range has been 381 [...]

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With plenty of moisture in play we could use some warm temperatures to dry out the land a little. Cooler than normal temperatures at this stage of the game will not be conducive to a healthy crop. In the overnight electronic session the September Corn is currently trading at 375 which is 3 ¼ cents [...]

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As we have the July Crop Production and USDA Supply/Demand reports today the market is also keying on weather at this time with isolated storms that could emerge to severe thunderstorms across the plains, Missouri Valley and Mid-West. In the overnight electronic session the September Corn is currently trading at 387 ½ which is 1 [...]

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Seeing pictures of Corn fields in Champaign County Illinois over the 4th of July weekend showing Corn fields with Corn as high as seven feet and part of the fields already tasseling it is hard to be a committed bull. Hearing stories from farmers in the belt I’ve heard good and bad. Do I believe [...]

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