Corn Jul '20 (ZCN20)
Corn Futures Market News and Commentary
Corn futures posted losses of 10 ½ to 12 ¾ cents in most contracts on Wednesday, with a few deferred contracts down 4 to 7 cents. The CmdtyView national average Cash Corn price was 11 1/2 cents lower on the day to $4.26 1/4.Â
Crude oil was down $6.06 on the day following the US and Iran closing in on reaching a memorandum of understanding that would, among other things, allow for the safe passage through the Strait of Hormuz as well as a path to ending to conflict.
Weekly EIA data from this morning showed an 8,000 barrel per day increase ethanol output in the week ending on May 1, taking the total to 1.017 million bpd. Ethanol stocks were up 139,000 barrels to 26.02 million barrels. Ethanol stocks were down 31,000 barrels per day to 139,000 bpd, with refiner inputs down 15,000 bpd to 902,000 bpd.
USDA’s Weekly Export Sales report will be released on Thursday, as traders are looking for a total of 1-1.8 MMT of corn bookings for old crop in the week ending on 4/30. N... Read more
Barchart · 1 hour ago
Corn futures posted losses of 10 ½ to 12 ¾ cents in most contracts on Wednesday, with a few deferred contracts down 4 to 7 cents. The CmdtyView national...
Barchart · 1 hour ago
The wheat complex posted losses across the three markets on Wednesday. Chicago SRW futures were down 6 ¾ to 11 ¼ cents across the board on the midweek...
Barchart · 1 hour ago
Soybeans closed the Wednesday session with contracts falling 10 to 16 ¾ cents. The cmdtyView national average Cash Bean price was down 16 1/2 cents at...
MoneyShow · Wed May 6, 4:20PM CDT
Everyone’s focused on fuel costs. But you might want to pay closer attention to FOOD. The price of agricultural commodities is perking up – and the...
Swift Trading Company · Wed May 6, 3:35PM CDT
There appears very little left to the supply side story of cattle.
Barchart · 13 minutes ago
Accenture's dividend yield is now over 3.6% thanks to the decline in its stock price. The stock's valuations have started to appear tempting at these levels,...
Barchart · 1 hour ago
Moderna has notably outperformed the broader market over the past year, yet Wall Street analysts maintain a cautious outlook about the stock’s prospects....
Barchart · 1 hour ago
Lean hog futures were down 57 cents to $1.72 at Wednesday’s close. USDA’s national base hog price was reported at $94.59 on Wednesday afternoon, down...
Barchart · 1 hour ago
Cotton futures closed the Wednesday session with contracts down 31 to 75 points. The US dollar index was $0.420 lower at $97.890. Crude oil was down $6.06...
Barchart · 1 hour ago
Corn futures posted losses of 10 ½ to 12 ¾ cents in most contracts on Wednesday, with a few deferred contracts down 4 to 7 cents. The CmdtyView national...
Barchart · 1 hour ago
The wheat complex posted losses across the three markets on Wednesday. Chicago SRW futures were down 6 ¾ to 11 ¼ cents across the board on the midweek...
Barchart · 1 hour ago
Live cattle futures posted mixed results on Wednesday, with contracts down 22 cents to 55 cents higher. Cash trade from last week finished out near $256-257....
Barchart · 1 hour ago
Soybeans closed the Wednesday session with contracts falling 10 to 16 ¾ cents. The cmdtyView national average Cash Bean price was down 16 1/2 cents at...
