Weekly Analysis: December Corn
Theoretical Positions: The bulk of 2023 production has been priced with cash contracts or short futures hedges. National average basis continues to weaken Deliver cash grain at harvest to fill [...]
Theoretical Positions: The bulk of 2023 production has been priced with cash contracts or short futures hedges. National average basis continues to weaken Deliver cash grain at harvest to fill [...]
Theoretical Positions: The bulk of 2023 production has been priced with cash contracts or short futures hedges. National average basis continues to weaken Deliver cash grain at harvest to fill [...]
Theoretical Positions: The bulk of 2023 production has been priced with cash contracts or short futures hedges. Given: The DNAI algorithm is reducing short futures and National average basis continues [...]
Theoretical Positions: The bulk of 2023 production has been priced with cash contracts or short futures hedges. Given: The DNAI algorithm is reducing short futures and National average basis continues [...]
Trend: Down. I'm not getting a good read from Dec corn's standard weekly bar chart, so I'm using the weekly close-only chart instead (combination of the Goldilocks Principle[i] and the Wilhelmi [...]
Dec23 futures Trends Minor (short-term): Dec23 still looks to be in a minor 5-wave uptrend, though theoretically moving through the waves quickly. Last Friday's test of the 50-day moving average [...]
Dec23 futures Trends Minor (short-term): Dec23 completed a bullish 2-day reversal Thursday and a posted a new 4-day high Friday, confirming a new minor uptrend was in place. The 50-day [...]
Dec23: Intermediate-term trend on the Dec23 weekly chart remains down (slide 1). Friday saw the contract fail to complete a bullish spike reversal, closing at $4.9450 as compared to the [...]
I had a series of questions come in, wanting me to dive a bit deeper into the Corn Market. Q1: Could corn be considered a weather market this early in [...]
Trends: Short-term trend could try to turn up to close out the week. Intermediate-term trend on weekly charts for July and December (slide 1) remains down. The weekly CFTC Commitments [...]
Cash Corn: The weekly close-only chart for the Barchart National Corn Price Index (NCPI, weighted national average cash price) looks to have rolled into a secondary (intermediate-term) uptrend on its [...]
A friend from southern Minnesota sent in a question that asked, "Why is corn dropping so fast?" He added it was still winter-like in his area, with nothing in the [...]
Cash Corn: The weekly close-only chart for the Barchart National Corn Price Index (NCPI, weighted national average cash price) still looks to be in a secondary (intermediate-term) downtrend despite last [...]
Cash Corn: The weekly close-only chart for the Barchart National Corn Price Index (NCPI, weighted national average cash price) shows a bearish breakout last week. Given the previous range was [...]
Cash Corn: The Barchart National Corn Price Index (NCPI, weighted national average cash price) is in a secondary (intermediate-term) sideways-to-down trend after falling to a new 4-week low last week. [...]
Cash Corn: The Barchart National Corn Price Index (NCPI, weighted national average cash price) remains in a secondary (intermediate-term) sideways trend with resistance at the high near $6.92 and support [...]
Cash Corn: The Barchart National Corn Price Index (NCPI, weighted national average cash price) remains in a secondary (intermediate-term) sideways trend with resistance at the 4-week high near $6.92. The [...]
Cash Corn: I’ve pulled the analysis for the Barchart National Corn Price Index this week due to an error on its weekly chart. Theoretical Positions: Long-term short cash corn. Merchandisers [...]
Cash Corn: I've pulled the analysis for the Barchart National Corn Price Index this week due to an error on its weekly chart. Theoretical Positions: Long-term short cash corn. Merchandisers [...]
Cash Corn: The Barchart National Corn Price Index (NCPI, weighted national average cash price) remains in a secondary (intermediate-term) sideways trend. Long-term support is at the September low of $6.3708. [...]
Cash Corn: The Barchart National Corn Price Index (NCPI, weighted national average cash price) is showing a secondary (intermediate-term) sideways trend. Long-term support is at the September low of $6.3708 [...]
Cash Corn: The Barchart National Corn Price Index (NCPI, weighted national average cash price) is showing a secondary (intermediate-term) sideways trend. Long-term support is at the September low of $6.3708 [...]
Cash Corn: The Barchart National Corn Price Index (NCPI, weighted national average cash price) is showing a secondary (intermediate-term) sideways trend. Initial support is at the previous 4-week low of [...]
Theoretical Positions Hedgers Expected 2022 production could be mostly priced (roughly 75%, or the amount insured), based on the major (long-term) bearish spike reversal by the Dec22 contract at the [...]
Theoretical Positions Hedgers Expected 2022 production could be mostly priced (roughly 75%, or the amount insured), based on the major (long-term) bearish spike reversal by the Dec22 contract at the [...]