Market News & Insights

U.S. Corn Futures Trading Outlook: All Eyes On $3.50

Corn Market – Weekly Highlights Below is a list of key happenings in the Corn market and things that traders should keep their eye on.  Further below is a section dedicated to my price outlook for December Corn Futures… and why bulls need to hold $3.50 into September. Monday’s Weekly…

The Power Of Plastic: Credit Cards Boost Spending, Dog Savings

Credit Cards – Early Studies In 1986, a professor at Purdue University placed a group of study subjects at a variety of tables in a restaurant.  Some of the tables had Visa (NYSE:V) and MasterCard (NYSE:MA) logos, while some did not.  The subjects at the logo tables were found to…

U.S. Financial Markets Update: Uncertainty Creeps Back In

Optimists hope that government will eventually move on to tax reform, while pessimists worry that the Obamacare repeal-failure means tax reform is even less likely. Meanwhile, geopolitical concerns (here and abroad) are adding to market uncertainty for investors. Despite the worries, the economy continues to grow and add jobs. Below…

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….

Why A Recession May Be Right Around The Corner

An Indicator of Peril Thanks to Jesse Felder, we recently stumbled upon a measure of economic conditions that has reliably signaled every recession since 1948. The data point, Real Value Added, is currently in negative territory and may, therefore, be a harbinger of an economic downturn. If it is a…

U.S. Corn Futures Market Outlook: The August Range

December corn futures moved lower this week, closing down 7-cents per bushel week-on-week, finishing on Friday (8/4) at $3.81. Corn futures proved unable to manage a higher weekly close even with Informa and others issuing sizable U.S. corn yield decreases in anticipation of next week’s August Crop Production report. My…

From Herd Behavior to GroupThink to Market Bubbles

This post was written with Craig Basinger. The human species learned long, long ago that sticking together is a good thing. During our evolution, larger numbers provided safety from predatory animals and other groups of humans. While this may sound abstract today given the lack of dangerous animals looking to…

U.S. Corn Futures Weekly Outlook: Bulls and Bears at a Standstill

September corn futures moved slightly lower this week, closing down 5 ½-cents per bushel week-on-week, finishing on Friday (7/28) at $3.74 ¼. Despite another cut to the U.S. corn good-to-excellent rating on Monday afternoon, corn futures and the corn ETF (NYSEARCA:CORN) still couldn’t manage a higher weekly close further frustrating…

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…

U.S. Corn Futures Weekly Market Outlook – July 17

September corn futures moved sharply lower this week, closing down 16 ¼-cents per bushel week-on-week, finishing on Friday (7/14) at $3.76 ¼. September corn futures collapsed on Wednesday and Thursday following a combination of equally price negative market forces including a Bearish July 2017 WASDE report, as well as, a…