Today at 11AM the USDA will release the acres and stocks report. This typically is one of the biggest reports of the entire year. Eight of the past 10 years this report resulted in a big move in the corn and soybean markets, sometimes higher, others lower...
There was one number in the USDA Report that was released at 11AM that really catches your attention. It was the corn acres in the Prospective Plantings Report. Last year U.S. farmers planted 87.999 million acres. The USDA's survey showed U...
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...
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 destination...