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

The volume in the markets speaks volumes (no pun intended). It just seems so quiet like the calm before the storm. Today’s reports are Existing Home Sales at 9:00 A.M. followed in the afternoon with Cattle on Feed and Milk Production at 2:00 P.M. Cassandra Garrison of Thomson Reuters reports that Argentine government planting estimates […]

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In yesterday’s trading session we saw the Dow Jones and NASDAQ reach new record highs and record close. The market is seeing some heavy selling pressure in the overnight electronic session. This is not a correction but a mere selloff and as we weighed on the 30 anniversary of the 1987 Stock Market crash when […]

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This morning we start of the Day with Housing Starts & Permits at 7:30 A.M., EIA Energy Stocks at 9:30 A.M., and Dairy Product Sales at 2:00 P.M. and the release of the Beige Book and more earnings. On the Crude Oil front the geo-political factor is back in play with rising tensions between Iraq’s […]

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We kick-start the day with Capacity Utilization and Industrial Production at 8:15 A.M. followed by the weekly API Energy Stocks at 3:30 P.M. which I am expecting bullish data. We also have November Crude Oil Option Expiration today. On the Corn front Reuters News reported yesterday with a poll of 11 analysts forecasted the Corn […]

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Bearish sentiment continues after Thursday’s Crop Production USDA Supply/Demand data. I also anticipate weather to play a factor as we move through harvest and not ½ done. In the overnight electronic session the December Corn is currently trading at 352 which is ¾ of a cent lower. The trading range has been 353 ¼ to […]

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We kick-start this morning with reports banging out at 7:30 A.M. with Business Inventories, CPI, Export Sales, Real Earnings and Retail Sales. After yesterday’s Crop Production USDA Supply/Demand data the Soybeans rallied and made a run that we have not seen this year. Even with harvest not close to complete all of the bottom feeders […]

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We jump-start the day with Initial Jobless Claims and Producer Price Index at 7:30 A.M., EIA Gas Storage at 9:30 A.M, EIA Energy Stocks at 10:00 A.M., Crop Production USDA Supply/Demand at 11:00 A.M. and Dairy Product Sales at 2:00 P.M. The Grain complex is trading a tad higher in the overnight electronic session with […]

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Santa Ana Winds destroying the wine fields in Napa Valley and the destruction of life as we have seen with the destruction we have witnessed in this active hurricane season. Our prayers go out to the persons affected by these Acts of God and the First Responders giving it their all to say lives. On […]

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This morning we will have Export Inspections at 10:00 A.M and Crop Progress at 3:00 P.M. ahead of Thursday’s Crop Production USDA Supply/Demand data. Change in the weather may spark a little rally before Thursday as the December contract was trading mostly lower in the overnight electronic session and is now currently trading at 350 […]

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Nate made landfall in Mississippi as a Category 1 when it hit Biloxi and quickly lost strength as it moved very fast. We also have Tropical Depression Seventeen lurking in the Atlantic and looks to be a threat to the eastern seaboard with Maximum Sustained Winds at 30 knots moving north at 3 knots.  On […]

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We kick off this Friday morning with the monthly Unemployment data and Wholesale Trade at 7:30 A.M. followed by Consumer Credit at 2:00 P.M. Investors are weighing in on the threat of Tropical Storm Nate which is on the minds of investors bringing back the reality of fundamentals to the Crude Oil market. Nate’s current […]

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We have a busy morning with Export Sales, Initial Jobless Claims, and U.S. Trade Balance at 7:30 A.M., Factory Orders at 9:00 A.M., EIA Gas Storage at 9:30 A.M. and Dairy Product Sales at 2:00 P.M. On the Corn front we closed lower in yesterday’s action with whispers making the rounds that a decline in […]

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