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

In the overnight electronic session the September Corn is currently trading at 355 ¾ which is 1 ¼ cent lower. The trading range has been 358 ¾ to 355 ¼. The market is waiting for another headline and we may get some movement after this morning’s economic numbers are released. On the Ethanol front the [...]

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I would love to start out talking about the Corn market this morning but with geo-political events and politics at home I be remiss if I did not start off on the Crude Oil market. With sanctions put on Russia for their cowardly actions in the Ukraine the market is seeing demand destruction at this [...]

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API saw a bigger draw of oil inventories than we anticipated. The EIA will release these numbers at 9:30 this morning. The API data showed draws of 4.4 million barrels when we were expecting a draw of 3 million. Products added a measly 100 thousand barrels of Gasoline and ½ million barrels of Distillates when [...]

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Today we will start in the Natural Gas arena as the news of this disturbance that is 1000 mile west-southwest of the Cape Verde Islands is becoming better defined and could make and impact on Natural Gas prices. The shower and thunderstorm activity continues to gradually organize, a tropical depression could form during the next [...]

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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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