«Market Leader» - news and previews making you rich.

Tuesday, 2 September 21:47 (GMT -05:00)


Market Leader Free Newsletter
Your Name:
Your Email:

Stock and commodities markets

Corn Market Overview


Futures news, corn. Taking into consideration corn market, two crops, old and new, are to be taken into consideration. This summer the market of old crop will be tense, especially concerning demand. There are no signs of slowdown in ethanol use and export, and ending stocks of corn are predicted to amount to about 700 mln.bushes. Spot market will rise rapidly, or at least remain within flat.

The market of new crop is derivative from weather conditions in the USA, which currently seem almost ideal. The question is how far American and world demand for old crop may influence the situation with new crop.

Spot prices remain high and keep growing at certain points.
In addition, due to the recent drop of futures price the margin of ethanol producers is close to break-even point, and there are talks about additional demand from China. The latter may, though, be doubted of. Additional Chinese import depends on available import quotes, which, according to certain data, have been used up. Private buyers will now be obliged to get permission for additional import from Chinese government or content with current limited quotes, each of which will be difficult. In June the winter wheat will be harvested in China, and, consequently, the niche of additional demand for American corn will be closed.

However, US home consumption and export into traditionally set countries (especially into Mexico, which has faced strong drought) will be supported by June futures at 6.00 US dollars per bushel. ARC predicted the top of the price range – 6.80 US dollars per bushel, to remain unchanged.

On the other hand, as of April 15, 17% of corn was reported to have been harvested, which will enable US Ministry of Agriculture to raise the yield by 3-4 bushels per acre in its May report. Even taking into consideration the expected rise of ending stocks during the season of 12/13, this will be a bearish factor. According to ARC, in order to realize such rise of ending stocks, December futures of corn are supposed to cost 4.50 US dollars per bushel.
At the beginning of summer these tendencies will have harsh competition.

Anyway, weather remains the key factor. Actual yield will finally be defined, and it will define the size of new ending stocks of corn and their prices. Any unfavourable weather conditions may rapidly change the bearish tendency at the market.

Traders should be ready to high volatility.

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Expense of oil gas Expanded for 21% in Europe, noted in Optionova

The expense of the European characteristic gas recuperates after greatest decrease in 5 years in the midst of expanding reasons for alarm that the clash in the middle of Ukraine and Russia could prompt disturbances in the supply of gas, composes finanz.ru.
 

Publication date: 20 August 04:59 PM

Palladium picked up in cost till the record throughout the previous 13 years, pointed in Optionova

Development of palladium stock quality developed to greatest from 2001 against the foundation of worries about the absence of supply of this metal on the world market.  

Publication date: 19 August 07:55 AM

Volume of immediate outside ventures in the Chinese economy diminished for 17 %, said in Optionova

Immediate outside speculations of FDI in the economy of territory China before the end of July in the not so distant future arrived at the level of $ 7 billion 810 million dollars, which is 16.95% lower than in the same time of 2013. Such information are advertised by the Head of Service of Business in China Shen Danyang.  

Publication date: 18 August 06:27 AM

IQ Option: Beneficial Binary Options Trading

Binary options are some of those relatively new and unconventional assets that let you trade other conventional markets much easier, without too sophisticated analysis. Binary options are derivatives. You can trade binary options on various underlying assets such as currencies, commodities, indices and stocks. With that said, you can come to binary options industry pretty easily, whether you are rookie, or an expert trader in any of the mentioned conventional assets.

 
Publication date: 15 August 11:50 AM

GDP level of France stayed unchangeable focused around the second quarter results, figured out in Optionova

The level of French GDP for the second quarter of this current year stayed unaltered against the first quarter of this current year, when any progress was not watched. These preparatory factual information distributed by the National Measurable Office of France Insee.  

Publication date: 14 August 08:27 AM

Indonesia will not lift a ban on the export of nickel, mentioned in Optionova

The new legislature of Indonesia will keep a boycott on fares of mineral metals, subsequent to, because of the measure in the part of handling of crude materials in the nation by 2017; will be contributed about $ 18 billion dollars. This was accounted for by the Service of Vitality and Common Assets.  

Publication date: 13 August 07:58 AM

Development of oil costs proceeds the premise of further geopolitical dangers, noted in Optionova

Yesterday's exchanging on the London Trade finished with expansion of costs for "dark gold". Before the end of the session at the site of the London Intercontinental Swapping scale of citations for the supply of oil brand Brent, which is concentrated from diverse wells in the North Ocean, expanded by $ 0.66., And before the day's over remained at 105.59 dollars for barrel, specified the specialists of the Binary Options Brokers of Optionova.
 

Publication date: 11 August 05:03 PM

Unemployment rate in Australia developed to the record point throughout the previous 12 years, noted in Optionova

Unemployment in Australia after a month ago arrived at 6.4% year on year, and this was the most elevated rate for the time of the most recent 12 years. Such information holds the report of the Australian National Agency of Facts.  

Publication date: 07 August 09:30 AM

Apple is ready an overhauling in imac line, noted in Optionova

As indicated by system sources, Apple is dealing with overhauling the line of desktop imac. As indicated by the specialists of the Double Alternatives Representative Optionova, it is a monoblock with a 27-inch show with a determination of 2560 1440 pixels. Such machines are currently outfitted with quad-center Intel Center i5 processor with a clock recurrence of up to 3.4 Ghz and 8 gigs of RAM in the standard arrangement.

Publication date: 04 August 02:04 AM

Amazon: issue of bank cards' followers for Cell phones is true, specified in Optionova

As indicated by system sources, Amazon arranges soon to do the arrival of the extraordinary frill for cell phones, with which clients can make installments utilizing bank cards.
 

Publication date: 30 July 06:59 AM