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 are mostly 4 cents higher at midday, just about erasing losses from Monday. Last night, USDA reported corn crop conditions improved slightly overall. The Brugler500 Index was 377, gaining one point from last week. Corn silking is at 90%, one point ahead of the 5yr avg. However corn in the dough stage was 29% as of Sunday night, two points behind its 5yr avg for this week in the 18 states USDA is tracking. Colorado, Texas, and Wisconsin condition ratings dropped the most on a state by state basis, down 4, 5 and 6 points respectively. Several states improved by 2 points, including Minnesota, Missouri and Nebraska. A firm called Ag Resource projects the 2015 corn production at 13.463 bbu (USDA: 13.530 bbu) with an average yield of 166 bpa (USDA: 166.8). This was well above the Doane estimate of 163.3 bpa.