Chris Robinson

USDA found an extra 130 million bushels of corn, as they finally reflect a decrease in feed usage.  New crop acres at 91.6 we off by 80K acres.
However, the biggest shocker was the bean acres.  The average guess was 82 million acres.  We added 3 million, roughly; takes us to 86 Million acres planted.
At trend line yields, that projects to a huge carry out.

The spec long corn took it on the chin, but we still have 25 days of action on that.  I want to hold it through the July 4th weekend.

If you are a producer and have not sold, […]

Latest info I saw suggested that the American Farmer still has 30% of the  13 crop in the bin,  unsold.  For 2014 the estimate was less than 10% sold.

Dupont released its quarterly figures and announced that there were many more sales of bean seed than corn seed.

Fundamentally, this suggests a bearish futures for new crop prices,  as long as we get timely rains.
In 2010, at this time of the year we looked great. Then mother nature shut off the rain and we had the drought of 2012.

Since NO ONE,  not Al Gore, Not Al Roker  can predict the weather more than […]

Get Ready for the USDA Report – Traders Exclusive – Chris Robinson talks about the upcoming USDA Report and what to expect.

Pressure on Corn – Traders Exclusive – Chris Robinson talks about the pressure on corn and how China is not accepting our DDGS anymore.

We escaped the Spring and Early Summer without the much ballyhooed planting delays. Its June 9th, and some of the remaining grain perma bulls were touting an early freeze coming in late August?
The weatherman can’t even get past the next 72 hours with accuracy much less 72 days, in my opinion.

When its all boiled down,  we still have plenty of time for some weather issue. Remember 2012? we were on pace for a big crack lower in corn, until Mother Nature turned off the water fountain after July 1st.
So is there still a possibility for a weather issue to save the bull’s […]

Written by Chris Robinson

Corn: July corn settled up 10 cents at $4.59. For the week, CN dropped 5 ¾ cents, while new crop CZ gained ¼ cent. CZ fell to a new 5-month low today, but then rallied back impressively clawing back 12 cents from that low to settle up 10 ½ cents at $4.57 ½. CZ posted a large outside-up-day on the daily charts. In the past 20 trading days CZ dropped 69 ½ cents, or 14%. The market vaporized 85% of its 5-month, 82 cent rally. […]