Currently viewing the tag: "The Corn & Ethanol Report"
Good Morning! Oklahoma twisters devastated Oklahoma City and Moore with a direct hit on a grade school. My prayers go out to the people hit by these massive tornadoes. Scientist are once again trying to shed light on this weather phenomenon as weather patterns are in a flux. In the 1975 outbreak of a series [...]
Continue Reading →Good Morning. A rough weekend for the Midwest states as tornadoes ravaged and left death and destruction in its path in Kansas and Oklahoma. These strange weather patterns Mother Nature is throwing at us is just like a freak of nature. In the overnight electronic session the July Corn is currently trading at 656 ¼ [...]
Continue Reading →Good Morning! In the overnight electronic session the July Corn is currently trading at 643 ¾ which is 2 ¼ cents higher as I write. The trading range has been 644 ½ to 641 ½ so far. Right now farmers are in a race with the clock to get plantings behind them. Rains and another [...]
Continue Reading →Good Morning! In the overnight electronic session the July Corn is currently trading at 651 ½ which is ¾ of a cent higher as I write. The trading range has been 651 ¾ to 648 ½ so far. Farmers are playing catch up with plantings as we have had more seasonable weather in the Corn [...]
Continue Reading →Good Morning! In the overnight electronic session the July Corn is currently trading at 650 ½ which is 2 cents lower as I write. The trading range has been 652 ¾ to 649 ½ so far. With the warmer weather despite the rains this market will be susceptible to breaks to the downside. The market [...]
Continue Reading →Good Morning! In the overnight electronic session the July Corn is currently trading at 655 ¾ which is a ¼ of a cent higher as I write. The trading range has been 657 ¾ to 651 so far. Mother Nature continues to show her fickle nature in this growing year. With the Chicago area temperatures [...]
Continue Reading →Good Morning! In the overnight electronic session the July Corn is currently trading at 639 which is 2 ¾ cents higher as I write. The trading range has been 640 ½ to 632 ½ so far. The market is trading higher mainly on cooler temps than rain. The rains forecasted did not really put a [...]
Continue Reading →Good Morning! The Corn rallied on weather yesterday. The market is was rallying on cooler temps and rain which these two factors will not be conducive to get the farmers in the fields and get the crop off to a good start. In the overnight electronic session the July Corn is currently trading at 646 [...]
Continue Reading →Good Morning Today we have the weekly inventory number on Natural Gas which last week’s data threw a curveball and the market corrected. This is definitely in the short term in a market that is not only Technically but Fundamentally bullish. Today’s EIA data may show this after last week’s surprise regardless of weather. In [...]
Continue Reading →In the overnight electronic session the July Corn is currently trading at 638 ¼ which is 1 ¾ cents lower. The trading range has been 643 to 637 so far. As farmers scramble to catch up on plantings the marketplace is trying to guess what Mother Nature has in store for us next. Cooler temps [...]
Continue Reading →Good Morning! In the overnight electronic session the July Corn is currently trading at 636 ¼ which is ¼ of a cent lower as I write. Better weather than anticipated had the farmers head to the fields in certain areas which led to the profit taking selloff in Monday’s trading session. The trading range in [...]
Continue Reading →Good Morning! Happy Friday! As we mark the first Friday of May and are hoping to break out of our winter habitat we look ahead to the monthly Unemployment number due out at 7:30 A.M. C.S.T. While Factory Orders and ISM Non-Manufacturing Index will be released at 9:00 A.M. C.S.T. Also to factor is we [...]
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