Market News & Insights

U.S. Corn Market Outlook: Looking Past The May WASDE Report

July corn futures moved slightly higher this week, closing up a ¼-cent per bushel week-on-week, finishing on Friday (5/12) at $3.71. Corn futures essentially treaded water with both corn planting progress and the May 2017 WASDE report offering few if any meaningful surprises. Weekly Corn Price Drivers (5/8/17 – 5/12/17)…

U.S. Corn Futures Weekly Outlook: Weather Watch!

July corn futures moved higher this week, closing up 4 ¼-cents per bushel week-on-week, finishing on Friday (5/5) at $3.70 ¾. Corn futures higher weekly close was entirely attributed to Friday’s session, which culminated with a 4 ¼-cents positive close that afternoon. This masked an otherwise disappointing week of price…

U.S. Corn Futures Review & Outlook: Planting Progress Update

July corn futures moved higher this week, closing up 2 ¾-cents per bushel week-on-week, finishing on Friday (4/28) at $3.66 ½. Corn futures higher weekly close was due primarily to concerns regarding U.S. corn planting progress. U.S. CORN PLANTING PROGRESS TAKES CENTER STAGE: With the first week of May quickly…

U.S. Financial Markets Update: Investors In Holding Pattern

March was a month of anticipated change that did not happen. And the financial markets took note, with the S&P 500 (INDEXSP:.INX) stalling out in early March. Healthcare reform in the U.S. stalled before even reaching a vote.  Markets hesitated as a tax reform proposal, hopes for which had driven…

U.S. Corn Futures Weekly Review & Price Outlook – April 17

May corn futures moved higher this week, closing up 11 ½-cents per bushel week-on-week, finishing on Thursday (4/13) at $3.71. Corn futures managed to build on Monday’s 7 ½-cents higher close throughout the week despite what was initially viewed as a potentially Bearish April WASDE report released on 4/11. APRIL…

U.S. Corn Futures Weekly Outlook: Battling Headwinds

May corn futures moved slightly lower this week, closing down 4 ¾-cents per bushel week-on-week, finishing on Friday (4/7) at $3.59 ½. Corn futures proved unable to distance themselves from the negative pricing overtones of the March 31st Prospective Plantings and Grain Stocks reports. Soybean futures suffered a similar fate…

Economics Cheated: The Forgotten Path To Prosperity

The Forgotten Path to Prosperity “The record of history is absolutely crystal clear. There is no alternative way so far discovered of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by a free enterprise system.” – Milton Friedman Whether…

Indexing Bias: Investment Realities And Opportunities

This post was written by Derek Benedet and Craig Basinger of Richardson GMP. Behavioral Finance combines behavioral and cognitive psychology theory with conventional economics and finance. Essentially it attempts to account or add the “human” element into understanding how the markets behave. While still a relative new area, it has…

US Corn Market 2017 Outlook: Prospective Plantings By State

May corn futures moved up sharply on 3/31, resulting in an 8-cents per bushel higher weekly close, finishing on Friday (3/31) at $3.64 ¼. Friday’s close was a big win for Corn Bulls in desperate need of a price positive fundamental trend change, which came in the form of a…

Market Insights: Is The “Trump Rally” For Real?

Summary: Although the US major stock markets are at or near all-time highs, the economic data signals continued US and global growth. My viewpoint is that we are still in the early stages of what could be a multi-year growth cycle. Here’s some detail on my thought process: If you…