Below is a daily candle stick chart portraying the trade action for the DEC16WMAZ contract over the past couple of months. Trade slipped hard during the … Read More
This is what we saw in the October WASDE report: U.S. corn production came in-line with expectations at 15.06bil bu vs exp 15.06bil bu and vs … Read More
The latest U.S. crop progress report showed the countries corn ‘good-to-excellent’ rating remain UNCH at 73%. A comparison between the current year in red and the … Read More
Below is a weather map, provided by 1stweather.com, which shows the maximum temperatures possible over South Africa’s main maize growing regions. Conditions are expected to be … Read More
South African white maize prices continue to slide. Below is a daily chart showing the DEC16WMAZ price just continuing to scrape on the bottom of the … Read More
Below is a 15min chart portraying the Rand/$ move over the past day. The Rand started weakening in ‘short-term’ trend since yesterday afternoon on the back … Read More
Below is a long term historic chart portraying the trade action for the DEC16WMAZ contract over the past year and a half. The contract has shed … Read More
Volatility on the DEC16WMAZ contract has climbed steadily over the past 2months as shown in the line graph below. Published volatility climbed 1% after yesterday’s session … Read More
The latest U.S. crop progress report showed the countries corn crop harvest at 24% completed and vs last week’s 15% and vs the 5yr average of … Read More
Below is a line graph portraying the spread between JUL17WMAZ and MAR17WMAZ (July less March). The spread has seemingly closed over the past two weeks but … Read More