Corn Dec '24 (ZCZ24)
Corn Futures Market News and Commentary
Corn price action is down 5 to 7 cents in early Wednesday trade. Futures were 4 to 5 cents lower on the session. The CmdtyView national average Cash Corn price was down 4 3/4 cents at $4.10 1/2. Crude oil is down $19.46 so far this morning following a 2-week ceasefire between Iran and the US that includes the reopening of the Strait of Hormuz. Traffic was limited overnight.
Ahead of the Thursday WASDE update, analysts surveyed by Bloomberg are looking for a slight increase (3mbu) from March to 2.13 bbu for the US carryout projection.
EIA data will be released this morning, with analysts expecting to show a bounce back in ethanol production from the week prior.
Several South Korean importers issued tenders overnight, with a total of 198,000 MT purchased, though no origins were announced.
Brazil’s corn export total in March totaled 983,029 MT according to trade data, which was up 12.82% from last year but down 36.67% from February.
May 26 Corn  closed at... Read more
Blue Line Futures 8 minutes ago
Grain markets get hit hard on last night’s open, but have battled back and stabilized some into the early morning trade. These are the levels to keep...
Barchart 1 hour ago
Corn price action is down 5 to 7 cents in early Wednesday trade. Futures were 4 to 5 cents lower on the session. The CmdtyView national average Cash Corn...
Barchart 1 hour ago
Wheat is trading with double digit losses across the three exchanges early on Wednesday. The wheat complex was mixed on Tuesday, with the soft red contracts...
Barchart 1 hour ago
Soybeans are down 2 to 4 cents early on the midweek session. Futures posted Tuesday losses of 6 to 9 cents in the nearby contracts on Tuesday. The cmdtyView...
Walsh Trading Tue Apr 7, 8:10PM CDT
I am Stephen Davis, senior market strategist at Walsh Trading, Inc., Chicago, Illinois. You can reach me at 312-878-2391. The first daily chart below for...
Barchart Tue Apr 7, 4:56PM CDT
The wheat complex was mixed on Tuesday, with the soft red contracts higher. Chicago SRW futures posted 1 to 3 cent in the red on the day. KC HRW futures...
Barchart 19 minutes ago
EMCOR Group is set to announce its first-quarter earnings soon, and Wall Street expects the company’s EPS to increase by a single digit.
Barchart 24 minutes ago
As Netflix exits the Warner Bros. acquisition deal, Goldman Sachs analyst sees it as a smart move, projecting solid upside ahead and backing NFLX stock...
Barchart 24 minutes ago
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Barchart 43 minutes ago
Humana is scheduled to release its first-quarter results later this month, with analysts projecting double-digit earnings drop.
Barchart 1 hour ago
Automatic Data Processing is approaching its third-quarter earnings release in a few weeks, and Wall Street is forecasting a single-digit percentage rise...
Barchart 1 hour ago
Lean hog futures were up 30 cents in the front month April, with other contracts down 35 to 70 cents. USDA’s national base hog price was reported at...
Barchart 1 hour ago
Corn price action is down 5 to 7 cents in early Wednesday trade. Futures were 4 to 5 cents lower on the session. The CmdtyView national average Cash Corn...
