Blog Archive
USDA Feeds the Corn Bulls
Article Text: September 11, 2015 Written by Chris Robinson Corn: December Corn settled up 12 ¾ at $3.87 which is the highest settlement since August 10th. Corn moved lower early in anticipation of the 11AM USDA report trading to a day session low of $3.64 ½. Two hours and 20 cents later, the bulls were in charge. For the week, CZ gained 24 ½ cents. Managed funds had entered the day long 70K contracts. 2015/2016 carry was pegged at 1.592 vs. August’s 1.713. This was less than the average analyst guess at 1.609. Old crop carry was pegged at 1.732 billion bushels, down 40 million […]
USDA Report Supply
How Do You Play the Volatility?
Crude Oil Posts 6 year low
Corn: December Corn settled up 7 ¼ cents at $3.75 ¼. Overnight weakness was met with a nice bounce in the wake of Wednesday’s USDA flop. Exports of old crop corn were only 29,200 MT which were down 87% from the 4-week average. New crop exports were 501,000 MT, of which 206 was “unknown” and presumably China. The managed funds remain long an estimated 155K contracts despite selling close to 40K contracts on Wednesday alone. The mid-day forecast called into question the duration and target of expected rains heading west. Exports gave us a glimmer of hope as new crop corn exports posted their best […]
Know Your Percentages in the Stock Indexes
For 8 years, between 1998 and 2006, I spent 7 hours a day, every day trading in the Dow futures pit. When it was busy, and before the onset of computerized trading, it was a market full of risk and also reward. In my opinion, it’s an over looked market by a lot of traders who concentrate on the S&P. However, the indexes give great opportunities even today for technical trades. There are also healthy spread opportunities for the quick and the nimble. If you are disciplined and trade within tight size limits, you can pull some good profits out of this market. Moving on […]
Chinese Currency Evaluation Sparks Changes in the Grain Market
Todd Horwitz and I talk Price Discovery
http://www.spreaker.com/user/7938902/chris-robinson-on-price-discovery
Todd Horwitz Interview Intro
http://www.spreaker.com/user/7938902/bubba-introduces-chris-robinson
Todd Horwitz Interview Continued
http://www.spreaker.com/user/7938902/chris-robinson-talks-equity-markets