Tag: agricultural commodities
Corn Futures Rally Fueled By Money and Media Machine
To say the corn market ended 2020 on a “high note” would be a gross understatement considering March 2021 corn futures traded up to...
Food Commodities Shine As Financial Markets Waiver
Strength is picking up in food commodities as other securities struggle amid final stimulus negotiations.
The situation is now in the senate’s hands to pass...
Agriculture Commodities Rally Into COVID Dislocation Gap
Once upon a time, agriculture commodities were so weak that they were in a seemingly never-ending down-trend and gapped much lower on news of...
The Anatomy of a Soybean Futures Rally
Soybeans futures have been the darling of the agricultural commodity sector since early August, rallying from a day low of $8.75 per bushel on...
After Corn Report Misses, USDA Needs “Reset” In 2021
2020 by most accounts is a year most people will be happy to turn the page on. This also likely includes the United States...
Are Corn Futures Traders Too Bullish?
The latest Commitment of Traders Report showed the Managed Money long in corn at +269,585 contracts as of the market closes on December 8th....
US Corn Market Analysis: January WASDE and Crop Production Reports Ho-Hum
JANUARY 2020 WASDE, CROP PRODUCTION, and GRAIN STOCKS REPORT SUMMARIES:
The much-anticipated January WASDE and Crop Production reports were released on Friday offering the market...
U.S. Corn Futures Prices Suppressed, Will December Bring Relief?
December corn futures closed Friday at 3.76, as traders continue to find a narrow price range under $4.
Our weekly corn outlook analyzes the latest...
What’s Up (and Down) With Agricultural Commodities?
Friday morning, Benzinga interviewed me for their morning prep show (link at end of blog). If you listen in, you will get an update...
U.S. Corn Market Outlook: Assessing The Rally
July corn futures closed up 32-cents per bushel week-on-week (through Thursday), finishing at $4.36 ¼ on May 30.
Let's dig into recent data and news...
