corn

Long term readers of this letter know that I have long been banging away on the fact that the world is making people faster than the food to feed them. According to the World Bank, the world's population is expected to jump 2 billion, from 7 billion to 9 billion in the next 40 years. [...] Go to...

Brazilian ethanol, which is made from sugarcane, has traditionally been one of the cheapest sources of biofuels around. However, according to the U.S. commerce department, Brazil imported nearly 70 million liters of corn-based US ethanol in 2010, up from just 1 million in 2009. The surge in ethanol...

The agricultural futures markets are now closed. Wheat and beans finished negative while corn gained slightly. Wheat finished -6.25c to 783 ¾. Beans finished -12c to 1372. Corn finished +5c to 765 ¼. Corn put it another solid day of gains, while wheat and beans closed down. The wheat finally sold...

The agricultural futures finished the pre-market session neutral to weaker. Wheat finished +0.75c to 790 ¾. Corn finished down 4.5c to 755 ¾. Beans were down 9.5c to 1374 ½. The outside markets are a little weaker with crude down $0.40, the euro down 60 points, gold flat, and S&P 500 futures...

The agricultural futures markets are now closed. Corn finished +39.25c (+5.66%) at 732 ½. Wheat was down 2.75c to 760 ½. Beans were down 15c to 1395 ¼. Corn rallied up to reach its expanded limit soon after the day session open. It was locked limit-up for the first hour of trading, but pulled back...

After spending the last hour locked limit-up, corn has come off limit and is now +41c to 734 ¼. Wheat is now down 10c to 753 ¼ and beans are down 11.5c to 1398 ¼. Beans and wheat are making new lows for the trading session. Yesterday's USDA report was negative for wheat, but wheat has been well...

After some volatility on the day session open, corn has shrugged off any sense of weakness and surged up to today's expanded limit. Corn is now +45c (+6.49%) on the day to 738 ¼. The strong buying in corn is pulling the wheat higher since wheat can be used as a feed substitute for corn. Wheat is...

Corn finished the pre-market session higher by 41.5c (+5.99%) this morning to 734 ¾. Beans are down 5c to 1405 ¼. Wheat is up fractionally (+0.25c) to 763 ½. Corn is continuing its surge caused by the bullish inventory numbers in yesterday's USDA Grain Stocks report. Wheat and Beans followed corn...

Shares of Mosaic Co. (NYSE: MOS) are higher on the session once again, by $0.18%, currently trading at $51.39. The stock has been rallying along with Wheat futures, which I am sure you know, unless you live under a rock, have been skyrocketing over the past month. The question that traders should...

According to Goldman Sachs, a recent visit to Monsanto Co. (NYSE: MON) headquarters was positive while meeting with commercial, financial, and technology functions. Currently a "buy" stock, the shares are expected to reach $65 over the next 12 months. Monsanto is back on the offensive after the...