Corn Mar '22 (ZCH22)
Corn Futures Market News and Commentary
Corn price action is down 2 to 3 cents in most contracts on Monday morning trade. Futures saw continued long liquidation heading onto the weekend, with contacts down another 2 ¼ to 7 cents. July was down 29 ½ cents on the week(-45 cents in 2 weeks), with December falling 29 cents. Open interest suggested net new selling, up 9,025 contracts on Friday, despite the Goldman Roll starting with July down 31,039 contracts and September up 7,685 contracts. The CmdtyView national average Cash Corn price was down 6 3/4 cents at $3.83 1/4.Â
CFTC’s Commitment of Traders report showed managed money at a net long of 115,082 contracts on Tuesday, June 2 (20 cents ago). That was a reduction of 90,422 contracts on that week. Much of that was via longs exiting (-63,160), with shorts coming in moderation (+27,262 contracts)
Weekly Export Sales data has the US corn export commitments at 81.766 MMT, up 26% from the same week last year. That is 98% of the USDA export projection and ahead of t... Read more
Barchart · Mon Jun 8, 7:36AM CDT
Soybeans are showing 2 to 3 ½ cent losses across most contracts on Monday morning. Futures faced more weakness to close out the week, as contracts were...
Barchart · Mon Jun 8, 7:36AM CDT
Corn price action is down 2 to 3 cents in most contracts on Monday morning trade. Futures saw continued long liquidation heading onto the weekend, with...
Barchart · Mon Jun 8, 7:36AM CDT
Wheat is showing mixed action with soft wheat weaker and hard red contracts higher. The wheat complex saw continued weakness on Friday, though a few contracts...
Blue Line Futures · Mon Jun 8, 6:02AM CDT
One month ago corn was flirting with overbought. Today the RSI sits near 25 — the most oversold we've seen in years. Managed Money bolted for the exits,...
ONE44 Analytics · Sun Jun 7, 12:40PM CDT
Educational and Actionable information using Fibonacci and W.D. Gann analysis.
Bull Strangle Newsletter · Sat Jun 6, 10:55AM CDT
Most traders focus on price charts. Spread traders should focus on forward curves. The shape of the forward curve reveals how the market values time, provides...
Barchart · 10 minutes ago
July NY world sugar #11 (SBN26 ) today is up +0.02 (+0.14%), and Aug London ICE white sugar #5 (SWQ26 ) is up +0.30 (+0.07%). Sugar prices are slightly...
Barchart · 29 minutes ago
July ICE NY cocoa (CCN26 ) today is up +69 (+1.83%), and July ICE London cocoa #7 (CAN26 ) is up +53 (+1.83%). Cocoa prices are climbing today as short...
Barchart · 35 minutes ago
ArcBest (ARCB) demonstrates exceptional price momentum, hitting an all-time high of $164.95 in Monday trading. Shares are up nearly 160% over the past...
Barchart · 41 minutes ago
Chipotle stock inches higher on a bullish JPMorgan research note. Here’s why the investment firm sees further upside in CMG shares.
Barchart · 48 minutes ago
Investors are looking past CrowdStrike's premium valuation and focusing on its accelerating growth and AI opportunity.
Barchart · 49 minutes ago
July arabica coffee (KCN26 ) today is down -0.90 (-0.37%), and July ICE robusta coffee (RMN26 ) is up +20 (+0.60%). Coffee prices are mixed today as the...
Barchart · 54 minutes ago
Though United Rentals has exceeded the broader Nasdaq Composite over the past year, Wall Street analysts remain cautiously optimistic about the stock’s...
Barchart · 1 hour ago
July WTI crude oil (CLN26 ) today is up +1.31 (+1.45%), and July RBOB gasoline (RBN26 ) is up +0.0450 (+1.48%). Crude oil prices are moving sharply higher...
