US Corn (ZCZ6)

Currency in USD
441.13
+1.13(+0.26%)
Real-time Data·

US Corn Futures Discussions

Time to go long
Might go as low as 440, but definitely starting to look like an attractive long around here.
what's the situation?
Lots of demand at current price levels, would expect santa rally
What happened to the guy who said i was blind not to see the uptrend in corn? I shorted above $5. Just covered my shorts. Yes i saw the uptrend. It reversed into a downtrend when it dumped lol. Especially and you can tell its weak when oil goes up but none of the grains gollow and fall instead.
i look at longer timeframe to establish the main trend, have a look at the Dow laws and you will understand there is always a main trend and a counter trend ( opposite of the main one). Money can always be done both sides but it’s easier to make with main trend than with counter trend. Plus, if i hold buys much lower since i have been buying main trend, i can hold a loss without being worried as my profit will always be higher than my loss. It’s an example and not my current position, i remain average long at 479 now, will stop with a close below 456 and volumes above price. That may happen of course, but even in that case my previous profit would outpace my last loss..
yes im aware of main trend and counter trend. Stop talking like everyone else is a noob. Its almost at your stop loss.
i talk like i want and i have explained you my view and ideas very politely. Enjoy your trades!
time to buy 460
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dead corn
What happened to that guy who told me i was blind to see a downtrend? Yes im aware that it was an uptrend before. It falls from 540 to 500 during harvest time and hes still buying? Lol. Gave me crap because he was in the money for one day and now hes down 15 cents
I am not trying to make it seems like a poker game, which is actually not indeed. I just follow my rules and i dont take anything for granted. i have been buying scaling down as the volumes i see are below price on weekly and daily charts. Of course things can always change, but as long as volumes are below price, trend is still up and this does not mean you cannot make money by going short. I was buying all the way long from 430 and always posting my trades. Since it went up above 520, i started closing my longs quite close to the top and waited for a correction, that eventually came.You may not like it, but it’s just what happened. To close the argument, i will stop my long if price closes and stays below 456 and volumes move above price. If this does not happen, i remain long and i dont mind at all if anybody makes money shorting.
Just to let you know. I personally closed my shorts last friday and I'm long oil. I'm just saying it's very cocky to tell people they're blind not to see the uptrend and then start losing money yourself, then post your averaged down price when the original entry price was close to $5. Anything can happen, even if oil prices stay high. This is harvest time which usually means a downtrend, then South America might plant a huge crop. Not saying it'll happen, but seen just about everything in commodity markets.
this looks cocky to you, i tell you why, because i learnt to only look at charts and volumes. This is the only thing that is reliable, and no matter what news, oil and harvest say, volumes below price tend to make price go high and viceversa. I also agree thay oil will be volatile with more upside potencial and will go above 100 again soon, but ags strenght it’s not oil or usd related, it’s a broader market tendency to buy commodities. Jusy watch copper despite weakness in chinese and european economy. If you trade regularly you also know that catching tops and bottoms its impossible, more important is trading with trends and managing risk. I never win 3-0, stay sure i will always have losses, but what i have learnt is to read volumes and trade accordingly.
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wow eventually it came crashing down
Starting to buy agaim, 502 filled, more orders oending 497 and 488
buy, we are going down to 490 and lower
He clearly thinks we are still in an uptrend. Strange he expected corn to dump from 540 to 500 but didn't short it and thinks it's still in an uptrend. That's a big move lol
I dont short uptrends and i dont buy downtrends. I bought two and three days ago and i am already in profit. Ask those who shorted how long they did wait before seeing a profit, or cutting their loss. If you see a downtrend here, you are either blind or have no idea about what trading is
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Beware. The severe El Nino weather pattern will devastate crops.
how can china dropping tarrifs on us corn make this go down?
My pending orders still waiting in the 510-495, not sure they will be filled but i am sure lomg is still the way if you call downtrend a 5 - 10% retracement from highs 😂
Finally starting downtrend now that US China sunmit is over
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This is starting to be like a scam stock not a commodity this run will end very soon
Going up due to Trump Xi summit. Isn't dumping till the market is disappointed by whatever China promises to buy.
It simply makes no sense to short anything that clearly goes up and its bought on dips, short when downtrend begins, and its not the case just yet so why you short it?
Closed my longs before FOMC from 527 to 537. Will go long again from 510 or anove 544
Definitely a bullish report, which does not mean price will only go up.my suggestion remeains to buy retracements. We should see higher prices even short term, and that would be a good chance to take profit and wait for a more substantial correction Cycle is bullish, dont short ags, it will be much easier to buy lower levels when seen Still long 526 and would take profit around 560-570 Next year prices could go above 7
A lot of fertilizers are imported through the Hormutz straight, these fertilizers will be out of stock next year, this will push this year demand and reduce crop for next year. So i still remain bullish and will buy any retracement
527 filled, 525 unfilled, small long no stop, still to be increased down around 510 if seen. Stop below 495 first target 562
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You can bet someone knows what is in the report and is acting on it. Good action for shorts. Still holding short two December. Was short four but did not like the resiliency of the market from going down. Also, given the massive corruption in the system, the chances of the USDA fanning inflation with a bullish report is likely small. We shall see ...
Not a good idea, as said before, small crops brings smaller crop, and the demand is strong
Bought corn today at 526 and sold it after the WASDE report at 539.
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This week we have data incoming so i would trade light, favoring small long around 525 and down to 512. No stop for the time being as would hold very light positions. Expect WASDE to come with small crop becoming slightly smaller and strong demand. If that is the case price could go for new highs before these days of controlled retracement Picture changes and turns negative only below 495
Closed small term shorts from 541 at 533 Will look for long at lower levels still, flat for the time being
Short, 520$ is my target
550 before 520
confirmed that on short term frames volumes are now above price so there is likely more chance for a short term correction. scenario remains bullish, i have opened some small shorts yesterday at 541, my stop is above 551, target 528 and 523. I will be buying still 512 - 510 area and down to 495 if seen (unlikely in my opinion)
Price is now fighting with volumes and need to overcome this obstacle in the 535/40 area, if this holds again, we go for new highs once again
I think it's going to be big profit taking to go with oil. I'm surprised oil is down to be honest.
I dont see much further upside for oil in the short term, and neither a clear correlation between crop and oil, i think mid term ags price will rise further no matter where oil will be
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Lol this thing dumped when oil broke out then squeezed back up when oil came off.
Volumes moving above price on short term frames, profit taking is starting, this means short term retracement that leads to lower buying opportunities. You can short if you want but be aware that main trend is still bullish. I am now flat and will buy in the 495-512 area if seen. Snall long order placed at 523 first
Dips bought again, picture is still bullish, every retracement is a gift
And i know its way too early now, but i see corn between 8 and 10 in 2027/28
On dec, 536 would be a good stop for entry 540-544. Don't think the gap will enter the chat for a while
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Being patient here - still short four - and resisting urge to sell more. Would have sold a couple more if it rallied into close - which it didn't. Record long Large Speculator positions - whose left to buy to push this higher? Still like the position even though looking at losses. Harvest - here we come! This market is hanging by a thread ...
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Thank you for providing your perspective. You raise a lot of good points. The idea that demand expectations are driving prices higher may be a factor I haven't appropriately considered. Hard for me to gauge demand. The crop harvest, the over-extension of large speculators to the long side, and the rocket fueled rise in prices are all very apparent. The fact that open interest is rising tells me that the commercials are more than happy to sell corn at these prices. They are not the ones buying or OI would be declining. Just have to see how this plays out - have to admit I'm very surprised at how resilient prices have been at these levels.
i would not even consider being short until volumes remain below price. As you see, every retracement is small and quickly being bought back. Picking a top, or a bottom is much more risky, difficult and costly than going with trend. If in the last 20 session one had bought any retracement, he would have made at least 50 winning trades. While shorting would lead to a losing position if not margin calls. I dont know if you use POC volumes as indicator but it clearly show the support of the price currently. We can name hundreds reason for this case or the bearish case, but in fact is JUST money that moves the market. So just go long. I think we could see this or next week a potential leg lower, maybe not, but if it goes there, be more bullish and dont turn bearish if you want to have good trades
And if you look at COT, especially on ags and commodities, remember that extremes positioning do not imply a reversal in trend, first because one or two weeks of positioning reduction usually re-ignite the main trend, and second because these extremes, especially on grains, can last much longer than a single small investor like us can stay liquid
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Amazing bulls!
Again and repeat, every dip is bought, even more evident during New York session
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