Video Alert and PDF: Learn from a Market Veteran (Free!)
Jim Prince, 25-year commodity market veteran, just posted a 3+ minute video about a recent move in the commodity markets. Watch it now, and he'll send you a free companion PDF and an email reminder every time he posts a new Daily Alert video.
See the markets Jim is watching each day
Get a free companion PDF that explains his "Cycle Trading" method
Learn how to identify chart formations that indicate potential breaking commodity markets
Watch Jim analyze actual charts in his videos, pointing out formations and signals
All you need to do to watch today's video and get the PDF is confirm here:
Corn futures at midday are 4 to 7 1/2 cents lower, after being mixed from down 2 cents to fractionally higher this morning. Jul16 corn is the weakest. Export inspections during the week ending last Thursday were a poor 786,407 MT. This was down 31.5% from the week before, and 20% smaller than the same week in 2015. YTD inspections as of May 26 were 28.414 MMT, down 11% from the same period in 2014/15. Private exporters reported changes in destination for 120,000 MT of US corn from unknown destinations to Taiwan, all for 2015/16 delivery. The weekly Crop Progress report will be published this afternoon at 3 PM CDT, with the first corn condition ratings of the season expected. Trade analysts on average believe corn planting is 93% complete, with 71% of the crop in good to excellent condition. Chinese corn futures at Dalian surged 2.5% on Monday in the active January contract. At 1599 CY/MT with the CY @ $.151933=$6.17 per bushel.