Uncategorized
Wednesday Pre USDA Grain Comment
Corn Drops Down The Elevator Shaft
New Highs in Corn: No relief for Wheat
Grains and Cattle Comment
July Beans highest settlement since August 2014
Short Squeeze in the Meal
May 20, 2016
Written by Chris Robinson
Corn: July Corn settled up 4 ½ cents at $3.94 ½. Today felt more like a recovery day for corn after yesterday’s volatile trade. For the week, July settled up 3 ¾ cents. New Crop CZ settled up 2 ½ cents at $3.99 ¾, but sadly for bulls, we could not settle above $4.00 for the week. For the week, CZ settled up just 1 ¼ cent. $4.00 has been like the 38th parallel on the Korean peninsula for new crop corn this year. In the last six months, beginning on November 6th, the contract has only managed […]