Tag: corn charts
Corn Futures Up-Trend Is Your Friend Until…?
New-crop December Corn futures (CZ21) have been on a historic run early in the 2021 calendar year.
CZ21 traded up to a day high of...
Corn Futures Reverse Lower On February WASDE Report
CORN WASDE REPORT HIGHLIGHTS:
The USDA lowered 2020/21 U.S. corn ending stocks to 1.502 billion bushels, down just 50 million bushels versus January. This compares...
Is $6.00 March Corn Futures a Foregone Conclusion?
Last week’s massive U.S. corn sales to China underscored by Friday’s (1/29) sale of 2.108 MMT, which was the second largest daily sale on record,...
Corn Price Volatility To Continue As Traders Weigh U.S. – China...
March corn futures traded down to a day low of $4.92 ½ on Monday, a 49-cents per bushel break in just 7-trading sessions versus...
As Corn Futures Prices Surge, Caution Warranted
Today, I share my continued caution to Corn Bulls.
Friday’s Commitment of Traders report showed Managed Money long positions in corn (as of only Tuesday’s...
Corn Futures Market Outlook: USDA In Focus This Week
Once again, grain traders find themselves waiting with bated breath on the USDA's much anticipated January 2021 WASDE and Crop Production reports on Tuesday,...
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...
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...
Can U.S. Corn Futures Trade Over the $4 Mark?
March corn futures closed last week at $3.87 ¼ per bushel.
Price weakness on Friday resulted in a lower weekly close with March corn futures...
Corn Market Weighs Phase One Of U.S. – China Trade Deal
U.S. – China Phase ONE trade agreement falls short for corn producers:
If last week was all about the USDA’s release of its January WASDE,...