Agriculture

U.S. Corn Futures Weekly Outlook: 4 Concerns For Bulls

MARCH corn futures closed DOWN 5-CENTS per bushel week-on-week, finishing at $3.46 ¼.  The price action continues to frustrate corn bulls. Will this grinding, painful price action lead to a durable bottom in the months ahead? Let’s look at the latest data. Weekly Highlights and Takeaways for January 15, 2018:…

2018 U.S. Corn Market Outlook: The Bulls Wish List

With March corn futures continuing to languish well below $4.00 per bushel heading into 2018 and memories of $6.00, $7.00, and even $8.00 per bushel corn from 2012 and 2013 growing more and more faded by the day, Corn Bulls have been left to consider whether or not corn futures…

U.S. Corn Futures Market Outlook: Are Traders Too Bearish?

U.S. Corn Weekly Highlights and Outlook: On Thursday (10/12) the USDA released the October 2017 WASDE report, which contained updated national and state yield / production estimates for both corn and soybeans. The highlights are as follows: In corn the USDA increased the 2017/18 U.S. corn yield to 171.8 BPA…

U.S. Corn Market Outlook: A Look Ahead To 2018

To better understand what the corn market is pricing in now (and what is to come), traders should always be thinking ahead… FORWARD VIEW:  Looking ahead to the 2018/19 U.S. Corn Supply and Demand and what the price implications might be for December 2018 Corn Futures? Recently a notable private…

U.S. Corn Futures Weekly Outlook: Stocks, Yields In Focus

December corn futures closed UP 1 ½-cents per bushel week-on-week, finishing at $3.56 ¾ on Friday. Corn bulls continue to defend the $3.50 price support area. But they are in need of a script-altering catalyst if prices are to sustain any rally attempt. Fundamentally, the corn market remains mixed. WEEKLY…

The Breakfast Trade: Buy Signals For Coffee And Wheat

Trading volatile commodity markets can be quite challenging, but at Market Inflections we employ a software application which helps to identify when trends are about to begin and end. This summer our trading software generated notable signals on both Coffee and Wheat futures which leads us to the conclusion that…

The Grains Sector Is Carving Out A Durable Bottom

Exactly a year ago, we wrote that grains were approaching support that should turn into a durable low as grain prices bottom. Since that time, price has not moved very much. We still believe a low is nearby, and this post explores some ways to trade it with the expectation…

U.S. Corn Market Outlook: Yields Back On The Radar

U.S. CORN PRODUCTION REPORT SUMMARY AND MARKET REACTION On Thursday August 10, the USDA released its August 2017 Crop Production report and it was not without its share of surprises (and criticisms). The National Agricultural Statistics Service “NASS” offered its first state-by-state yield estimates for the 2017/18 U.S. corn crop….

U.S. Corn Futures Market Outlook: All Eyes On The Weather

September corn futures moved slightly higher this week, closing up 3 ½-cents per bushel week-on-week, finishing on Friday (7/21) at $3.79 ¾. Despite the higher weekly finish, Friday’s 11 ½-cent lower close provided yet another major price setback for Corn Bulls. Weekly Corn Price Drivers: U.S. Corn Crop Ratings: Monday’s…

Grain Prices Perking Up? Traders Waiting On Follow Through

In the midst of a decade-long “drought”, grain prices may finally be perking up… During the commodities boom 10 years ago, among the darlings among speculators were the grains. However, like any market that becomes the object of such investor exuberance, grain prices soon withered. They have spent the better…