Below is a daily chart, for the DEC16WMAZ contract, showing a head-and-shoulders formation. In light of the limit-up close yesterday as well as the Rand which … Read More
November WASDE report, released yesterday afternoon, showed the following: U.S. corn production forecast came in at a record 15.23bil bu vs expected 15.04bil bu whilst the … Read More
This is what happened to the Dollar against the Euro since this morning 3am. Donal Trump moved into the lead with 244 seats for the Republican … Read More
U.S. corn harvest is in the finish straight with pace at 86% completed vs the same time last year of 91% and vs the 5yr average … Read More
Weather models have turned wetter as both the medium term forecast and the 10-day forecast agree on good rains for South Africa’s main maize growing regions … Read More
Light to medium and even heavy rains could be expected across the North West, Free State and southern parts of Mpumalanga over the next 18hr’s. Medium … Read More
Below is a line graph portraying volatility measures for the DEC16WMAZ contract. Volatility across the board, when looking at the chart, increased as factors ranging from … Read More
South Africa imported 109,140t of maize for the 26th week ending October 28th. White maize imports were sourced from Mexico in amounts of 33,546t whilst yellow … Read More
The red additions to the stacked bar chart below indicate the increase in U.S. corn harvested over the past week. U.S. corn harvested now stand at … Read More
Chicago corn prices breakout? Not yet…Below is a 4hr chart portraying the trade action for the DEC16CORN contract (ZCZ2016) traded in Chicago. The contracts price tested … Read More