Corn Sep '13 (ZCU13)
Corn Futures Market News and Commentary
Corn futures were weak early on, but pulled more than 8 cents off the lows in the front months to close fractionally mixed. Some deferreds were down as much as 1 ¼. September was still up 19 ½ cents on the week, with December 20 cents higher. The CmdtyView national average Cash Corn price was up 1/4 cent at $4.34.
As we look to round out July, the NOAA 7-day QPF shows less than 0.5 inches across much of the Corn Belt in the next week. Much of OH is the exception, with spotty totals up to an inch in WI and MN.
CFTC data released on Friday afternoon showed managed money adding to their net long in corn futures and options in the week of July 21, adding 49,518 contracts, mainly on more short covering. The net long was at 92,909 contracts as of Tuesday.
Export Sales data released on Thursday showed total corn commitments now at 86.613 MMT, which is 103% of the USDA export projection and ahead of the 101% from the last 3 years. Sales for new crop are now accumulated at... Read more
Best Weather Inc. · 51 minutes ago
Not who is driving it.... but, WHY???
Barchart · Fri Jul 24, 5:12PM CDT
Corn futures were weak early on, but pulled more than 8 cents off the lows in the front months to close fractionally mixed. Some deferreds were down as...
Barchart · Fri Jul 24, 5:12PM CDT
Soybeans closed the Friday session with contracts steady to 10 ½ cents higher, with the front months leading the bull spreading. August managed a 43 ½...
Barchart · Fri Jul 24, 5:12PM CDT
The wheat complex was under pressure for much of the session from money coming off the table into the weekend, though buyers pulled things off the lows....
Walsh Trading · Fri Jul 24, 4:42PM CDT
Cattle futures markets end week on a positive note
Barchart · 1 hour ago
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Barchart · Fri Jul 24, 5:12PM CDT
Corn futures were weak early on, but pulled more than 8 cents off the lows in the front months to close fractionally mixed. Some deferreds were down as...
Barchart · Fri Jul 24, 5:12PM CDT
Cotton futures closed Friday with front month losses of 7 to 129 points and deferreds up 3 to 4 points. December was up 135 points on the week. Crude oil...
Barchart · Fri Jul 24, 5:12PM CDT
Live cattle futures saw gains of 27 cents to $1.67 across most contracts, with August holding for a $2.65 gain this week. Cash trade was picked up at $230-231...
Barchart · Fri Jul 24, 5:12PM CDT
Soybeans closed the Friday session with contracts steady to 10 ½ cents higher, with the front months leading the bull spreading. August managed a 43 ½...
Barchart · Fri Jul 24, 5:12PM CDT
The wheat complex was under pressure for much of the session from money coming off the table into the weekend, though buyers pulled things off the lows....
Barchart · Fri Jul 24, 5:12PM CDT
Lean hog futures held higher on Friday, with contracts 12 to 70 cents higher at the close, with August $1.20 higher on the week. USDA’s national base...
Barchart · Fri Jul 24, 3:48PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Friday fell -0.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) rose +0.39%, and the Nasdaq 100 Index ($IUXX )...