In this video I go over my recent thoughts, ideas and reasoning for the Wheat and Corn markets. We question the narrative about the recent rallying and try to be as data dependent as possible by keeping up with news and data and some critical thinking. I hope you enjoy and stay tuned for more!
CBOT:ZW1! CBOT:ZC1!
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this
professional advice.
I will continually update all trades.
Continued downside on corn amid supply issues.
Nice clear technical downtrend with volume profiles confirming direction with P-shape and POC at lows of days indicating price acceptance continues to move lower.
Price rejecting off previous swing low, 50% fib retracement with EMA confirming trend.
Possible entry on break through counter trendline and target at...
As April unfolds, investors and traders in the corn futures market find themselves at a critical juncture marked by seasonal trends and heightened volatility. Historically, April has been a period of growth in corn prices, driven by various factors including planting intentions, weather conditions, and demand patterns. However, the current landscape presents a...
The corn market is buzzing with positive signals today , promising strong profit potential for investors. Our assessment is spot on as corn prices are exhibiting a robust recovery trend. Across all key timeframes - 4 hours, 1 day, and 1 hour - the upward trend is evident, presenting golden opportunities for investors to seize.
Particularly noteworthy is the...
In this video, I'm analyzing Corn Futures (CBOT:ZC1!) with a bullish but skeptical outlook due to incomplete data. While factors like potential rain delays in the US corn belt and dry weather impacting Brazil's second corn crop suggest upside potential, I need further confirmation. Additionally, A slowdown in manufacturing could also reduce demand for corn-based...
Introduction to Options on Corn Futures
Corn Futures are one of the staple commodities traded on the Chicago Board of Trade (CBOT), representing a critical component of the agricultural sector's financial instruments. Each Corn Futures contract is standardized to 5,000 bushels, and the price is quoted in USD-cents per bushel.
Contract Specifications:
Point...
We've shifted our focus to the July futures contracts as the volume starts to increase there and decrease in May futures. May options expiration is this Friday, which means first notice day is next week. If you're in May futures, you may consider exiting or rolling those positions.
Corn
Technicals (July)
July corn futures have traded on both sides of...
Corn
Technicals (May)
May corn futures tested the low end of the range in yesterday's trade and have so far been able to defend it, with prices working back higher in the overnight and early morning trade. We still like the risk reward trade to the buy side from the low end of the range. A break and close support would neutralize that bias as it could put the...
Corn
Technicals (May)
What more is there to say about the corn market that hasn’t been said already? The market remains range bound with daily ranges shrinking as of late, reminiscent of watching paint dry. The CME CVOL index which measures volatility remains near the low end of the years range. Typically, we start to see that increase this time of year, but...
Chicago Board of Trade corn futures ended lower on Monday, pressured by generally favorable U.S. weather for planting and a setback in crude oil futures as worries eased about escalating tensions in the Middle East.
-Corn sometimes follows trends in crude oil due to its role as the main U.S. feedstock for ethanol fuel.
-CBOT May corn settled down 4 cents at...
It is official. Inflation is back. But not everywhere. Food inflation is on the decline. All three major crops, Soybean, Wheat, and Corn have declined substantially. Bearish sentiments rings loud across agri with ample supplies combined with solid harvest expectations.
Among crops, corn has fared best. Its prices have not declined as much. Corn outlook is...
Chicago Board of Trade corn futures dropped to a one-month low on Tuesday on forecasts for good spring planting weather in the U.S. Midwest that could potentially increase acres planted this spring.
-Concerns about ample supplies and weak U.S. corn export demand added further pressure to prices after a media report said Chinese authorities were seeking to curb...
In today's video I just go over some of my general thoughts about the corn market and some of its current technical and fundamental factors that I believe are driving the market. Hope you enjoy and stay tuned for more! :)
CBOT:ZC1! CBOT_MINI:XC1! AMEX:CORN
Grain futures are higher in the early morning trade as some as headline risk looms into the weekend.
Corn
Technicals (May)
May corn futures are fractionally lower in the early morning trade as prices linger near our pivot pocket from 431 1/2-435, which just happens to be right near the middle of first support and first resistance. We like the upside...
Introduction to Corn Futures (CBOT)
Corn Futures, central to the commodities market, are traded on the Chicago Board of Trade (CBOT). These futures contracts are standardized agreements to buy or sell 5,000 bushels of corn, providing traders with a mechanism to hedge against price changes or to be exposed to future price movements in the agricultural...
December corn futures, often referred to as the “new crop” contract because it is the price for the U.S. crop that is about to get planted. The first crop progress report of the year showed just 2% of the crop is planted in the United States. With the crop hardly in the ground, there are uncertainties around production potential that tend to offer seasonal...
In this video I go over my thesis on why I am short term long the corn futures market due to the energy market picking up some positive momentum due to strong manufacturing data coming from the two power houses U.S. and China and how I think this could positively impact the price of corn due to it's use in ethanol. Higher crude oil prices can generally have a...
