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

Even with marginal gains in the Wheat and Corn this Complex as a whole has many hurdles to cross to be a good exporter especially with the U.S. dollar compared to week European currencies as they continue quantitative easing. In the overnight electronic session the December Corn is currently trading at 324 ¼ which is [...]

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There must be something in the air that shows Ethanol output at six month low while the Grain complex continues to be buried. In the overnight electronic session the December Corn is currently trading at 326 which is unchanged. The trading range has been 327 to 325 ½ so far On the Ethanol front this [...]

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In the overnight electronic session the December Corn is currently trading at 329 ¾ which is ¼ of a cent higher. The trading range has been 330 ¾ to 329 so far. Crazy weather patterns across the continental divide may keep the bears away from the picnic table for now. I still remain focused not [...]

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On the Crude Oil front we are still cyphering a thing from the pat called geo-political risk something we have not seen in sometime. Now we look at political ramifications of bombing terrorist that want to kill us weather we sit we our hands under our bottom or react. Unfortunately, we did not have to [...]

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In the overnight electronic session the Corn could not hold Runaround Sue or Turnaround Tuesday so far at this juncture. In the overnight electronic session the December Corn is currently trading at 329 ½ which is ¾ of a cent lower. The trading range has been 331 to 327 ¾ so far. I don’t see [...]

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Talking to farmers in northern states that their corn crop is coming in much better than originally feared. Add that to a record crop coupled with a carryover  much higher than expected we will see harvest pressure mode for sure. In the overnight electronic session the December contract is currently trading at 329 ½ which [...]

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Talking with farmers across the country and we are both scratching are heads with the cash market versus the futures. The futures for some reason have not found a reason to bounce. In the overnight electronic session the December Corn is currently trading at 337 which is 1 ¼ cents lower. The trading range has [...]

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In the overnight electronic session the December Corn is currently trading at 340 ¼ which is 1 ½ cents lower. The trading range has been 341 ¾ to 340 so far. The market needs some bullish headline to bring in buyers as we head into Autumn next week. On the Ethanol front the October contract [...]

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In the overnight electronic session the December Corn is currently trading at 341 ½ which is 2 ¼ cents lower. The trading range has been 344 ¼ to 341 ½ so far. Changing weather patterns and cooler overnight temps are a reminder of winter is coming back. We may have a reality check that the [...]

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In the overnight electronic session the December Corn is currently trading at 348 which is 5 cents higher. The trading range has been 350 ½ to 342 ¼ so far. Cooler than norm temps couple with light rains have enticed buyers back to the market.  As we head into the weekend we should see the [...]

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Farmers are starting out slow this harvest season being a little behind this early. Warmer temperatures will let them play catch up but that is not in the forecast this week. Below normal temperatures are in the prognosticators sights this week with no real let up until the weekend. The below normal temperatures may insight [...]

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Yesterday’s report estimated U.S. Corn growers will harvest 14.395 billion bushels versus last month’s forecast of 14.032 billion bushels. Average Corn yields were pegged at a record 171.7 bushels per acre up from last month’s estimate of 167.4 per acre. These numbers were supplied by Tennille Tracy and Sarah Portlock of Dow Jones Newswires. In [...]

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