Currently viewing the tag: "Corn"

We kickoff the day with Advanced Durable Goods and Initial Jobless Claims at 7:30 A.M., EIA Energy Stocks at 9:30 A.M.,EIA Gas Storage at 11:00 A.M. followed by Cold Storage and Dairy Product Sales at 2:00 P.M. It seems to be they are trying to thread the needle and put all these reports ahead of […]

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Today we have Existing Home Sales at 9:00 A.M. and API Energy Stocks at 3:30 p.m. Yesterday’s Crop Progress Report showed the harvest was near completion but rains in portions of the country put a snag in the overall picture. Rains in the Eastern Corn Belt and the Southeast slowed farmers with wet conditions. In […]

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We start out Monday morning with Export Inspections at 10:00 A.M., Milk Production at @2:00 P.M. and Cop Progress at3:00 P.M. The Grains failed to keep the rally going after Fridays surge in that trading session starting this holiday week. Corn harvest is very close to being over depending where you are geographically. In the […]

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We seem to have continued conflicting weather reports whether it is the European model or the U.S. weather model they all seem to be wrong which puts a shake and bake in the market and takes out investors with low risk tolerance and puts them out of the game. As we move closer to the […]

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Like the John Fogerty song Change in the weather and the closing days in harvest are keeping farmers off the field with wet cold weather. With smaller farmers and remaining acreage the question is do we try to take it out of the ground now or take a beating with silos full and cash prices […]

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We start off the day with Business Inventories, CPI, Real Earnings and Retail Sales at 7:30 A.M., EIA Energy Stocks at 9:30 A.M., NOPA Crush at 11:00 A.M. and Dairy Product Sales at 2:00 P.M. Last Trading Day on November Lumber, Palm Oil, Russian Ruble, Short Sterling and London White Sugar. Last Trading Day Options […]

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The U.S. Corn crop is seen 83% harvested versus 70% a week ago. A farmer I spoke with in Northwestern Illinois believes he will be done harvesting today or tomorrow. Which puts him ahead of the cut. Speaking of cuts hopefully Congress will get its act together and Tax Reform done as we need to […]

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We kickoff the week with Export Inspections at 10:00 A.M. and Crop Progress at 3:00 P.M. We also have a lot of earnings to report on this busy week of reports ahead of Thanksgiving week. Harvest is near complete and high waters are slowing navigation on the Ohio River near Paducah, Kentucky. As we have […]

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Could an Earthquake along the Iraq and Iranian coast be a reason why Saudi Arabia and Iran did not get into it over the weekend. A devastating 7.3 earthquake hit a mountainous border region between the two countries killing at least 300 people and maybe more. This comes as tensions between Saudi Arabia and Iran […]

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Post-November USDA Crop Report 11/10/17

On November 10, 2017 - 11:58 AM By

Larger than expected US corn & soybeans crops weaken prices. View report by clicking here (PDF). Jerry Gidel 141 West Jackson Blvd., Suite 1340A, Chicago, Illinois 60604
312 264 4369 (Direct) | 800 769 7021 (Main) | 312 264 4399 (Fax)
www.pricegroup.com Member NIBA, NFA Past results are not necessarily indicative of future […]

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Yesterday’s Crop Production USDA Supply/Demand showed record yields that surprised a lot of investors and traders alike. After looking at the numbers I was surprised we did not trade even lower even with the market getting broadsided. A trader friend reminded me that commercials, funds and most investors are wary selling this far in the […]

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We jumpstart the day with Export Sales, Initial Jobless Claims and Wholesale Trade at 7:30 A.M. EIA Gas Storage at 9:30 A.M. and the kicker Crop Production USDA Supply/Demand at 11:00 A.M. We have frost followed by snow as farmers try to wrap up harvest. Also reports of high water in the lower Ohio River […]

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