Currently viewing the tag: "The Corn & Ethanol Report"

We jumpstart the day with Housing Starts and Permits at 7:30 A.M., EIA Energy Stocks at 9:30 A.M. and Dairy Product Sales at 2:00 P.M. The Grains took another pummeling in yesterday’s action. And one would have to ask, “How much more downside is there”? I am guessing with hot humid weather the next couple […]

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We kickoff the morning with Business Inventories and Retail Sales at 7:30 A.M., NOPA Crush at 11:00 A.M and API Energy Stocks at 3:30 P.M. The weekly USDA Crop Progress report showed Corn & Soybeans unchanged from a week ago, according to an average of estimates bu 10 analyst polled by Reuters yesterday which Corn […]

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Warmer temperatures and rains forecasted have the Grains taking another leg down. The August Grains expire today and we also have weekly Export Inspections at 10:00 A.M. and Crop Progress at 3:00 P.M. In the overnight electronic session the September Corn is currently trading at 356 ¾ which is 4 cents lower. The trading range […]

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This morning we kickoff the day with CPI and Real Earnings at 7:30 A.M. We have the Mountain Day holiday in Japan and some Asian markets are closed in observance. The Grains took a real beating after yesterday’s USDA data which was released at 11:00 A.M. The big question is was this huge break overdone? […]

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This morning we kickoff the day with Export Sales, Initial Jobless Claims and PPI at 7:30 A.M. EIA Gas Storage at 9:30 A.M., Crop Production USDA Supply/Demand at 11;00 A.M. Tropical Storm Franklin made landfall in the Yucatan Peninsula. Two other Disturbances are lurking one just over the Bahamas which is forecasted to bring heavy […]

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This morning we jumpstart the day with Wholesale Trade at 7:30 A.M., EIA Energy Stocks at 9:30 A.M. and Dairy Product Sales at 2:00 P.M. On the Grain front all was quiet on the western front ahead of tomorrow’s Crop Production USDA Supply/Demand data. Where investors are concerned we may have a surprise number. In […]

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In yesterday’s trading session the September Corn settled 5 ¾ cents higher mainly due to the fact that rains forecasted did not materialize. The USDA Crop Progress showed no change in condition ratings for U.S. Corn, Soybeans and Spring Wheat crops, according to estimates of 12 analyst polled by Reuters. The poll showed that the […]

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Talking with Grain brokers after their crop tour enlightened me of the abundance of acreage in the Soybean crop but conditions of the crop are not healthy and the numbers may be supportive to Corn prices with acreage numbers as a whole. In the overnight electronic session the September Corn is currently trading 370 which […]

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We start off the day with Unemployment and U.S. Trade Balance at 7:30 A.M. The Corn attempted a comeback in yesterday’s action. In the overnight electronic session the September Corn is currently trading at 365 ¼ which is 1 ¾ of a cent higher. The trading range has been 367 to 363 ¼. We expect […]

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Even after yesterday’s slight bounce after Tuesday’s bloodbath in the Grain Complex Intl FC Stone projection of Corn and Soybean yields and bushel per acre that was a far cry from the USDA July estimate was not enough to stop the bleeding. The news put a temporary hold on selling pressure, but the finger was […]

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Rains yesterday and more forecasted for today really pummeled the market in yesterday’s trading session. The sell-off looked to be overdone as markets tend to overreact on any given situation and Tuesday’s action was no different with the entire Grain complex taking it on the chin. There may be some bottom feeders looking to scoop […]

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The information highway is giving us information again. With Apple earnings and more earnings we have several reports today starting with Personal Income at 7:30 A.M., Construction Spending and ISM Manufacturing Index at 9:00 A.M. At 2:00 P.M. we have Cotton System, Fats & Oils and Grain crushing. At 3:30 P.M. we have the weekly […]

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