Corn Jul '12 (ZCN12)
Corn Futures Market News and Commentary
Corn futures slipped into the Monday close as contracts were mostly 1 ½ to 2 ¾ cents higher. July was down ¼ cent. The CmdtyView national average Cash Corn price as 1 1/2 cents higher at $4.10.
The weekly Crop Progress report showed 16% of the US corn crop silking by July 12, 4 percentage points ahead of the 5-year average, with 6% in the dough stage. US condition ratings were left at 68% in good to excellent condition, as the Brugler500 index was up 2 to at 371.Â
Updated forecasts from the NOAA 7-day QPF shows little to no precipitation for an area ranging from the Dakotas, south through KS, as well as much of MN, IA, IL, and MO, with trace totals in OH and IN.
The weekly Export Inspections report showed corn shipments of 1.54 MMT (60.6 mbu) in the week of 7/9. That was an 11.26% drop from the week prior but 17.15% above the same week last year. Mexico was the largest destination of 400,015 MT, with 300,620 MT shipped to Japan and 204,633 MT to Vietnam. Shipments... Read more
Barchart · Mon Jul 13, 5:22PM CDT
Soybeans closed with Monday gains of 4 to 5 ½ vents. The cmdtyView national average Cash Bean price was up a nickel at $11.50 3/4. Soymeal futures were...
Barchart · Mon Jul 13, 5:22PM CDT
The wheat complex was lower across the three exchanges. Chicago SRW contracts were fractionally to 5 cents lower on the day. KC HRW futures were down 4...
Barchart · Mon Jul 13, 5:22PM CDT
Corn futures slipped into the Monday close as contracts were mostly 1 ½ to 2 ¾ cents higher. July was down ¼ cent. The CmdtyView national average Cash...
Walsh Trading · Mon Jul 13, 4:15PM CDT
Hogs can't hold early rally. Settle lower on the day
Swift Trading Company · Mon Jul 13, 3:53PM CDT
The focus is on the December and February fat cattle. Currently, they will be the most expensive inventory ever placed to date.
Barchart · Mon Jul 13, 8:21PM CDT
Archer-Daniels-Midland is poised to announce its second-quarter results soon, and analysts predict a double-digit increase in the company’s bottom-line...
Barchart · Mon Jul 13, 6:30PM CDT
While both Costco and Walmart are exceptional companies with long-lasting competitive advantages, one offers a better investment case.
Barchart · Mon Jul 13, 5:22PM CDT
Live cattle futures closed with contracts down 47 cents to 12 cents higher. Cash trade was at $247-248 across the country, a $7-8 drop from last week....
Barchart · Mon Jul 13, 5:22PM CDT
Lean hog futures closed the Monday session with contracts down 80 cents to $1.20 on the day. USDA’s national base hog price was reported at $98.78 on...
Barchart · Mon Jul 13, 5:22PM CDT
Soybeans closed with Monday gains of 4 to 5 ½ vents. The cmdtyView national average Cash Bean price was up a nickel at $11.50 3/4. Soymeal futures were...
Barchart · Mon Jul 13, 5:22PM CDT
The wheat complex was lower across the three exchanges. Chicago SRW contracts were fractionally to 5 cents lower on the day. KC HRW futures were down 4...
Barchart · Mon Jul 13, 5:22PM CDT
Cotton futures were mixed to start the week, with contracts down 9 to 10 points higher. Crude oil was up $6.54 on the day following increased tensions...
Barchart · Mon Jul 13, 5:22PM CDT
Corn futures slipped into the Monday close as contracts were mostly 1 ½ to 2 ¾ cents higher. July was down ¼ cent. The CmdtyView national average Cash...