Chris Robinson

April 17, 2015 Written by Chris Robinson Corn: May corn settled up 3 ½ cents at $3.79 ¾ New crop CZ15 settled up 2 ½ at $4.02 ¾. For the week, May corn settled up 2 ¾ cents while CZ15 gained ¾ cent. Corn had an uneventful day especially for a Friday as we ended the week near the top of the 10 cent trading range for the week. Producers and speculators alike will focus on Monday’s planting progress report which will be released at 3PM. With farmer’s focused on planting, not much physical grain is moving across the country. New crop CZ15 was able […]

Written by Chris Robinson 4/16/17 Corn: May corn settled up ¼ cent at $3.76 ¼. New Crop CZ15 settled down ¼ cent at $4.00 ¼. Corn continued to have quiet overnight trade which extended into the day session as we meandered through a 4 cent trading range. Exports remain a non-factor. Planters are rolling in the WCB and some think that central Illinois might be 50% planted by weeks end. Ground temperatures are reported to be perfect for germination and we should see normal emergence based on these temperatures. News out of South America was bearish, as Argentina’s Rosario Exchange bumped up their corn production […]

Written by Chris Robinson 4/16/17 Corn: May corn settled up ¼ cent at $3.76 ¼. New Crop CZ15 settled down ¼ cent at $4.00 ¼. Corn continued to have quiet overnight trade which extended into the day session as we meandered through a 4 cent trading range. Exports remain a non-factor. Planters are rolling in the WCB and some think that central Illinois might be 50% planted by weeks end. Ground temperatures are reported to be perfect for germination and we should see normal emergence based on these temperatures. News out of South America was bearish, as Argentina’s Rosario Exchange bumped up their corn production […]

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As farmers begin to scratch in the dirt with the planting itch, there were no major surprises in the corn and soybean supply and demand balance sheets released recently by the U.S. Department of Agriculture.

http://agrinews-pubs.com/Content/News/Markets/Article/Trade-experts-Weather-issues-could-affect-prices/8/26/12427

April 2, 2015 Written By Chris Robinson Corn: May corn settled up 5 cents at $3.87 ¼. New Crop December corn settled up 4 ¼ cents at $4.11. For the week May corn lost 4 cents, while December lost 3 cents. Corn returned to the middle of its 3-month, 25 cent trading range today. Tuesday punished the bulls and rewarded the bear. 48 hours later, the tables are turned. This truly looks like a market searching for direction. For now, that direction will be directly tied to the weather. Dryness in the plains threatening the wheat crop spilled over into the corn today. For all […]

Just taking the first 12 weeks of 2015, the average weekly trading range for the Dow has been 500 points. The biggest range came on the first week of February, sparked by the January Unemployment number. That week DJM had a 920 point trading range. This current week has had the second widest trading range of 661 points… So FAR. I say so far because Friday we have a half day/ Good Friday. The Dept of Labor will release the March Unemployment figures. The bond futures market has the 10 year future at its 2 -1/2 month high. The market’s yield curve continues to be […]