Here is a good example of how the market behaves when price reached a trading limit. Here we are looking at Corn after a USDA report. Old crop July went limit down right after the data and pretty much stayed there. New crop December also sold off, but stayed above limit. Now, the exchange spread [...]
Continue reading...With a host of physical commodity markets showing impressive upside action in the early days of 2010, it certainly seems like the world needs commodities.
Continue reading...The combination of late planting and slow maturation in the US corn crop resulted in a full-fledged October weather market in corn last week. In this case the “weather market” came on a freeze warning in the Northwest Corn Belt that is expected to trim 100-150 million bushels off the most optimistic private forecasts of [...]
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