US Corn Futures - May 23 (ZCK3)

649.10
-0.40(-0.06%)
  • Prev. Close:
    649.5
  • Bid/Ask:
    648.60/649.60
  • Day's Range:
    648.00 - 649.50
  • Type:Commodity
  • Group:Agriculture
  • Unit:1 Bushel

US Corn Futures Discussions

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(3510)
  • Crop progress report indicates corn is catching up in doughing and denting with the 2017-2021 average. Difficult past week with little rain only dropped 1% from Good to Fair condition.
    1
    • I see iowa dropped 7 points. uff not good for national avg
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  • It amazes me how the markets get bad news and keep going on a rally. CHeck out the DOW.
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    • There just is no downside.
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      • Everything is going up!!!
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        • Even with weak China and no demand.
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        • Even marposa
          1
      • There's just no demand.
        0
        • 175 bushels per acre. Those DTN guys surely missed the mark.
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          • I’ll trust DTN numbers way before usda
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          • Pls accept the reaction
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          • You are good ! But you dont accept reality
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        • Bull europe crops bronken
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          • Analysts have missed USDA's projections six times for the last 8 Augusts. 5 times out of those, USDA reported higher yield than forecast by analysts. https://www.reuters.com/markets/commodities/analysts-shouldnt-sweat-poor-track-record-with-us-corn-soy-yields-2022-08-10/
            2
            • Limit down tomorrow? More likely than anyone thinks.
              2
              • How bout you just sit rest of this year out
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            • I’m not sure how anyone can be bearish corn. Latest yield projections from DTN showing 167.2. If true, that is extremely bullish. They have been very accurate over their last 5 year track record. The final could actually come in even lower than that, this crop is getting smaller by the day
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              • Still not feeling these high prices before the report. I don't think buyers will either.
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                • Corn over bought. IMO
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                  • break 600 soon
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                    • good afternoon sir corn next position
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                  • Demand slowly eroding away. https://www.reuters.com/markets/us/shrinking-us-cattle-herd-signals-more-pain-high-beef-prices-2022-08-09/ https://www.reuters.com/business/us-manufacturing-activity-shows-signs-peaking-kemp-2022-08-09/ 'Futures prices for both crude oil and middle distillates are already anticipating a significant slowdown that will depress fuel consumption and enable the rebuilding of depleted inventories.'
                    0
                    • PARIS/SINGAPORE - Chicago corn, wheat and soybean futures rose on Tuesday after reduced U.S. crop ratings in a weekly government report put attention back on weather risks. …zawya.com 9.8.2022
                      0
                      • Oh wow, a 3% reduction on Good+Excellent. Hardly the doomsday scenario bulls would like to paint.
                        1
                      • AR Kaneif a market is at risk small deviations from expectations can be big!! As i said already … i think a big chunk of besrish news are priced in already … so therefore bullish surprise can lead ro fast rallies… just my view
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                    • Slow bleed from the daily high.
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                      • Where is thr bleed? Not even a gapclose …? Ehich chart do you use?!
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                    • Time to sell…. 570
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                      • Time to sell…. 570
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                        • why
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                          • Vrazy corn
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                            • The three I states and most of the corn belt had rains throughout the whole weekend. Where is that elusive 'hot weather' the media keeps talking about?
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                              • This week looks dry until Thursday but temperatures are forecasted to be below 80 in most of the corn belt, relieving stress on crops.
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                            • Omg blocker in ships, 65% only capcitybof ucranie and rusia, the price is very cheap…. The price will be 700 end of year and 760 the next year
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                              • Hey, Guys. Do you want to make money? Then, Buy and Hold !!! HHH
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                                • Corn is now flowing out of Ukraine. Easing supply https://apnews.com/article/russia-ukraine-middle-east-turkey-istanbul-8b2d69e905f542e094deaa261c1a35d9
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                                  • And corn was already on a downtrend without Ukraine's grain. This should only speed up the fall.
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                                  • why is it going up?
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                                  • There's plenty of relief rallies during bear markets but every peak gets sold.
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                                • Rain forecast next 3 days, nice clouds sweeping through the corn belt til monday. https://www.wpc.ncep.noaa.gov/qpf/qpfloop.html
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