Video Alert and PDF: Learn from a Market Veteran (Free!)
Jim Prince, 25-year commodity market veteran, just posted a 3+ minute video about a recent move in the commodity markets. Watch it now, and he'll send you a free companion PDF and an email reminder every time he posts a new Daily Alert video.
See the markets Jim is watching each day
Get a free companion PDF that explains his "Cycle Trading" method
Learn how to identify chart formations that indicate potential breaking commodity markets
Watch Jim analyze actual charts in his videos, pointing out formations and signals
All you need to do to watch today's video and get the PDF is confirm here:
Corn futures closed fractionally mixed. The weekly EIA reports showed stocks of ethanol at 17.3 million barrels.That is a 5.1% decrease from last week and a 14-week low. Production slipped 2.56% from last week, down to 913 thousand barrels per day.That was roughly a 96 million bushel weekly burn rate excluding DDG net back. More rain falling across portions of the Corn Belt is keeping pressure on the corn market again today.Trade estimates for weekly export sales are in the 700,000 to 950,000 MT range, with nearly all of it expected to be new crop since the marketing year ends August 31. These sales totals will be through 8/21.