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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.
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Corn futures faded throughout the day, settling 2 to 3 cents lower as the US dollar continued to march higher and there was a shooting event at the Canadian Parliament. Weekly ethanol production rose to 896,000 bpd from 885,000 bpd, and inventories declined a half million gallons to 17.9 million gallons despite the larger production and somewhat smaller plant operating margins. Enough rain got into central Brazil to allow planting to resume.