Corn

Market Report: Corn and Soybeans Higher
After losses of about 18 cents a bushel Tuesday after the USDA stocks and planting intentions were released, corn gained about 6 cents a bushel today. Maybe traders realized that corn acres will still be down from 2014 and the crop is not in the bin yet...
Market Report: Prereport Day Corn and Beans Higher
Corn futures closed 3-4 cents a bushel higher today. Gordy said this morning at 11:15 that there probably was some short covering and position squaring ahead of tomorrow's USDA Stocks and Planting Intentions Report. This morning the USDA reported a sale of 131,172 MT of corn sold to a unknown d…
Market Report: Waiting For Tuesday’s USDA Numbers
Corn prices closed about unchanged today as traders are waiting for Tuesday morning's USDA numbers. As far as the reports go, it is one of the biggest of the year. For the Prospective Plantings Report traders are expecting farmers will plant about 2 million fewer acres of corn this year...
Display At Denver Convention Center
This is a picture of a display at the Denver Convention Center on renewable fuels and ethanol. Being from Minnesota, I noticed there was a major seed stock missing, corn. These three columns had examples of what ethanol was made from, corn stalks, popular trees and switch grass...
Market Report: Finally, Corn and Beans Higher
Corn finally closed about 4 cents higher today after a big move down last Friday and Tuesday. The weekly ethanol production report showed an increase in production of 3 million barrels per day to 947,000 barrels per day. Even though ethanol production increased, stocks decreased by 2 percent...
Market Report: It Was Worse Today
On Monday I commented that it could have been worse as both corn and beans rallied late in the session and closed well off the lows. Today it was worse as corn closed down 7-8 cents and closed the lows. There was a lot of talk about China booking 600,000 MT of corn from the Ukraine even though …
Market Report: Quiet Day for Corn, Soybeans
It was a rather uneventful day today in corn and soybeans. Corn was down 2-3 cents. The dollar index was lower, and that might have offset the negative export sales report. Export sales for corn were well below expectations at only 343,300 MT...
Market Report: Corn and Beans Higher
Corn managed to close 2-3 cents higher today. The march Supply Demand Report is history and now traders are focusing on demand and acres for this growing season. The general thought is we will have fewer corn acres this year. The question is how many...
Market Report: It Could Have Been Worse
Corn closed today about a penny lower. The March USDA Supply Demand report was a bit friendly for corn. Projected carryover for the United States was cut slightly from 1.822 billion bushels to 1.777 billion bushels. World carryover was more friendly as it dropped from 189...