July Corn Eyes March Lows April 26, 2023
The weekly EIA report held mixed news. Positive, general gasoline usage last week was +1.1% from the last normal driving season, 2018/19. That was a positive rebound after two low weeks, -10% and -9%. Negative, ethanol production last week was only 967,000 barrels per day. This was disappointing at -8% from the last normal year. Recent weeks had been strong. Year to date production is -3.3% which is just under USDA’s goal of -2.4%. We are okay with the current light discrepancy.
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Post Archives
Allendale Insider
Allendale Insider
On The Go
On The Go
Market Movers
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Possible light fund short covering yesterday
December 6, 2023
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Funds sellers of 21K, slightly higher support due to exports
December 4, 2023
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SA maps still look solid for rains in the 10 day
December 1, 2023
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Trade expects strong exports and more 8 AM announcements
November 30, 2023
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Open interest continues to fall drastically
November 29, 2023
Market Movers
December 6, 2023
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November 30, 2023
November 29, 2023
Snapshots
Snapshots