Corn Mar '23 (ZCH23)
Corn Futures Market News and Commentary
Corn futures slipped into the Friday close, with contracts steady to 1 ¾ cents higher on the day. July was down 4 ¾ cents this week, with December down 5 ¾ cents. The CmdtyView national average Cash Corn price was up 1 1/4 cents at $3.81.Â
The weekly CFTC Commitment of Traders report showed the largest 2 week (Tuesday/Tuesday) shift to the short side in the history of managed money in corn futures and option since the inception of the report in 2006 of 210,829 contracts. A total of 120,407 contracts were in the last week as of 6/9, with specs now net short 5,325 contracts. Of the shift, 92,863 contracts were new shorts, with longs only seeing 27,544 contracts of liquidation.
NOAA’s 7-day QPF shows precip totals expected in a range of 1.5 to 4 inches from MO to OH, with parts of eastern IA and WI seen with 1 to 2 inches. The western half of IA, MN, and much or the northern Plains west of the Missouri River is seen with little to 0 rainfall.
Export Sales data now has... Read more
Klarenbach Research · 42 minutes ago
In this episode of the Trent Klarenbach Podcast, recurring guest and farmland real estate expert Shaun Wildman breaks down the long-term future of Canadian...
Sidwell Strategies · Sat Jun 13, 10:07AM CDT
US and now Iran touting closer to agreement
Bull Strangle Newsletter · Sat Jun 13, 8:21AM CDT
Seasonality and direction often receive the most attention, but carry may be the most important factor influencing spread behavior. Learn how the forward...
Barchart · Fri Jun 12, 4:47PM CDT
Corn futures slipped into the Friday close, with contracts steady to 1 ¾ cents higher on the day. July was down 4 ¾ cents this week, with December down...
Barchart · Fri Jun 12, 4:47PM CDT
The wheat complex slipped lower into the weekend. Chicago SRW contracts closed with 2 ¼ to 3 ¼ cent losses, as July was up 4 ½ cents for the week. KC...
Barchart · Fri Jun 12, 4:47PM CDT
Soybeans posted slight losses on Friday, with contracts steady to 2 ¼ cents in the red. Jule was down 8 cents on the week, with November slipping 5 ½...
Barchart · 4 minutes ago
It’s time to start looking at the other 10 sectors of the S&P 500 to see what looks most likely to pick up the slack if and when the artificial intelligence...
Barchart · 34 minutes ago
Oracle's Mike Sicilia says token-based, outcome-driven AI pricing gives businesses a smarter, more predictable way to manage rising AI costs.
Barchart · 49 minutes ago
Wall Street is growing more bullish on Cadence as its latest Intel collaboration reinforces its position as a key enabler of next-generation semiconductors....
Barchart · 1 hour ago
Corning’s latest Amazon agreement strengthens the case that fiber optics demand is becoming a major AI infrastructure growth driver.
Barchart · Sun Jun 14, 9:00AM CDT
Investors naturally want simplicity. But in a world of rising inflation, geopolitical turmoil, and a stock market fueled by pandemic-era liquidity, asset...
Barchart · Sun Jun 14, 9:00AM CDT
Cracker Barrel stock is rallying after strong quarterly report and growing Wall Street optimism. With nearly a third of its float sold short, the stage...
Barchart · Sun Jun 14, 8:45AM CDT
Dell is riding powerful AI and server tailwinds, steadily expanding market share while growth forecasts keep moving higher.
Barchart · Sun Jun 14, 8:30AM CDT
A newly awarded federal cloud contract could give ORCL investors a compelling reason to look past the concerns.