Corn Jul '17 (ZCN17)
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
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
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 · 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...
Walsh Trading · Fri Jun 12, 4:14PM CDT
Plant closings pressure cattle
Walsh Trading · Fri Jun 12, 3:15PM CDT
Bearish Weather Being Priced in.
Swift Trading Company · Fri Jun 12, 2:37PM CDT
In my opinion, more indecision surfaced in this week's trading as traders kept fats within the two-day range of 6/4 & 6/5.
Barchart · Fri Jun 12, 6:00PM CDT
Home Depot and Lowe’s both offer similar appeal, but valuation, yield, and dividend-growth history make this matchup closer than it looks.
Barchart · Fri Jun 12, 4:47PM CDT
Lean hog futures were up 25 to 82 cents across most contracts on Friday, with expiring June up 25 cents. July was down $1.35 this week. USDA’s national...
Barchart · Fri Jun 12, 4:47PM CDT
Live cattle futures gave back some of this week’s strength on Friday, with contracts down $1.05 to $1.625 at the close. August was down just 47 cents...
Barchart · Fri Jun 12, 4:47PM CDT
Cotton futures closed with 4 to 49 points on Friday, with July still down 81 points on the week, as December fell 106 points. Crude oil was down $3.50...
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
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 · 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, 3:45PM CDT
Stifel raised its price target on Carnival stock to $36. Analyst Steven Wieczynski explained his bullish view on CCL shares in a research note today.