Chris Robinson
Grains Bounce after Friday’s Debacle
July 14, 2014
Written By Chris Robinson
Corn: September Corn settled up 3 ¼ cents at $3.81 ½. After falling to a new low for the move in the electronic overnight session at $3.74, the contract trended higher, regaining 7 cents from that low. Crop conditions came in at 3PM and came in at 76% good to excellent. This is 1% better than last week’s 75%. Corn pollination was reported at 34% vs 15% last week. Focus will be […]
Grains Bounce after Friday's Debacle
July 14, 2014
Written By Chris Robinson
Corn: September Corn settled up 3 ¼ cents at $3.81 ½. After falling to a new low for the move in the electronic overnight session at $3.74, the contract trended higher, regaining 7 cents from that low. Crop conditions came in at 3PM and came in at 76% good to excellent. This is 1% better than last week’s 75%. Corn pollination was reported at 34% vs 15% last week. Focus will be […]
Last Friday’s USDA Moves the Grains
July 11, 2014
Written by Chris Robinson
Corn: September corn closed down 8 cents at $3.78 ¼. December new crop corn settled down 8 cents at $3.84 ¾. This is a fresh 4 year low as well as new contract lows for both September and December. For the week, September corn dropped 31 cents, while December dropped 30 cents. Both contracts left gaps on the weekly charts as well. The USDA report pounced on the market at 11 AM. […]
Last Friday's USDA Moves the Grains
July 11, 2014
Written by Chris Robinson
Corn: September corn closed down 8 cents at $3.78 ¼. December new crop corn settled down 8 cents at $3.84 ¾. This is a fresh 4 year low as well as new contract lows for both September and December. For the week, September corn dropped 31 cents, while December dropped 30 cents. Both contracts left gaps on the weekly charts as well. The USDA report pounced on the market at 11 AM. […]