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Ethanol Production in the US is Soaring

The demand for ethanol continues to be very impressive. The jump iin production since September, has the plants going at full speed, which is reflected in increased demand. EIA reported last week’s ethanol production at 927k barrels/day (273 million...

USDA Grain Export Sales today, corn still strong

Corn export sales strong at 1.203 MMT.  Six weeks in a row above 1 million tons. Soybean export sales were decent, 909 thousand tons.  Soybean meal export sales at 283 thousand tonnesvery good. Wheat export sales were a nonevent, only 288 thousand tons. Corn...

USDA Grain Export Sales today, corn still strong

Corn export sales strong at 1.203 MMT.  Six weeks in a row above 1 million tons. Soybean export sales were decent, 909 thousand tons.  Soybean meal export sales at 283 thousand tonnesvery good. Wheat export sales were a nonevent, only 288 thousand tons. Corn...

Commodity Chart of the Day-Gold Futures

As the world seems to be jumping on the bearish bandwagon for gold, check out this weekly Gold Futures chart.  Gold is holding support as long as we close the week above 1268: As the world seems to be jumping on the bearish bandwagon for gold, check out this...

Commodity Chart of the Day-Gold Futures

As the world seems to be jumping on the bearish bandwagon for gold, check out this weekly Gold Futures chart.  Gold is holding support as long as we close the week above 1268: As the world seems to be jumping on the bearish bandwagon for gold, check out this...
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