Chris Robinson
NewCrop Corn posts a 5-1/2 month high
Corn: March corn settled down 6 ¼ cents at $4.07 ¾. Corn traded in a 10 cent range during today’s abbreviated holiday session. Tuesday’s 5-1/2 month high at $4.15 ¾ was not breached today for March corn. New crop CZ15 settled down 5 ¼ cents at $4.31 ¾. , after trading to a new 5-1/2 month high at $4.38 ½ right on the opening bell at 8:30 AM. That high marked a 74 ¼ cent rally from the contract low down at $3.64 ¼ posted October 1st. This pencils out to a 20% gain in value. Most technical traders still have the July4th gap at […]
Here’s a link to my Article for Dairy Producers published in AG Web This Week
Here's a link to my Article for Dairy Producers published in AG Web This Week
The Grains and The Funds
Grain Producers and End Users: Corn and Wheat at 5 and 6 month highs
December 18, 2014 Written by Chris Robinson Corn: March Corn settled up 2 ¾ cents at $4.11 which is the highest settlement in 5 months. CH has now rallied an impressive 83 ½ cents between the contract low posted October 1st and today’s fresh 5-month high at $4.11. Funds bought another chunk today after beginning the week long estimated 254K contracts. Exports were 639,500MT. Yesterday’s announcement that the Chinese lifted restrictions on several GMO varieties was friendly. However, with a 2 billion bushel carryout, the final impact on corn burn remains cloudy at best. A private forecaster pegged Europe’s corn production down 9% which is […]
Rumor Has It – Traders Exclusive – Chris Robinson talks about markets. Corn has starting to go higher about three weeks ago and wheat has now moved up to a six month high.
5.2% correction is just noise-Despite the Financial Cable Folk’s Alarmist Talk
Reality Check: The high in the Dow futures was 17980 posted just 7 trading days ago… 7 DAYS! With the Dow at 18,000 the percentage moves are what matters—- NOT the Flat Number Change. I get so sick of the TV anchors playing up any thing less than 5% moves in the value of the Index. Anything less than that is just noise. The problem is 5% of 18000 is 900 points. That is just too much for these folks to wrap their heads around, i guess. Its’ 3rd grade math, but they consistently would rather talk about the number of points without providing any […]
5.2% correction is just noise-Despite the Financial Cable Folk's Alarmist Talk
Reality Check: The high in the Dow futures was 17980 posted just 7 trading days ago… 7 DAYS! With the Dow at 18,000 the percentage moves are what matters—- NOT the Flat Number Change. I get so sick of the TV anchors playing up any thing less than 5% moves in the value of the Index. Anything less than that is just noise. The problem is 5% of 18000 is 900 points. That is just too much for these folks to wrap their heads around, i guess. Its’ 3rd grade math, but they consistently would rather talk about the number of points without providing any […]
Gold Bugs!!! Decision Point on this 2 year old Bear T-line
Beginning in October of 2012. There is a bear T-line which has been tested 6 times now. It’s significant. Bottom line, if we settle above, the gold bugs might get a present with a rally.. Flip side, if we stay below, it suggests we are on a slow boat to China looking at testing 1000 sometime in the next 6 weeks possibly.
