Stock charts, commodities, bonds, currencies. Search our 20,000+ post database.
Saturday, July 26, 2014
What About that Bullish Corn Market??
The window in which adverse weather can hurt the developing corn crop is
closing rapidly. We're on tap to raise a huge, record large crop. Look
for a substantial jump in the yield, likely moving well above
trend-line. The grain numbers are changing rapidly with projected ending
stocks for next year expected to swell toward, and eventually above 2.0
billion bushels. World ending stock projections are of a scary
proportion. Lower corn prices can and should be expected into the fall
harvest. Let's plow through some of the numbers.(more)