US Markets

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…

Decoding Janet Yellen’s Federal Reserve Message

“I know you think you understand what you thought I said but I’m not sure you realize that what you heard is not what I meant” – Alan Greenspan On July 12, 2017 in her semiannual testimony to Congress, Janet Yellen stated the following: “the Federal Funds rate would not…

U.S. Corn Futures Price Outlook: Time To Get Bullish?

September corn futures moved sharply higher this week, closing up 11 ½-cents per bushel week-on-week, finishing on Friday (7/7) at $3.92 ½. September corn futures rallied aggressively for the second consecutive week however failed on Friday to take out the current summer high of $3.99 ¼ established on June 8th….

U.S. Corn Futures Weekly Market Outlook – July 2

September corn futures moved sharply higher last week, closing up 15 ½-cents per bushel week-on-week, finishing the week (6/30) at $3.81. September corn futures rallied aggressively on Friday (closing up 11 ½-cents on 6/30) despite what was largely considered a Bearish June Acreage and Stocks report for corn.  Let’s dig…