March 5, 2015

Corn Commentary

Posted 03/04/2015

A generally low volume day traded much like what we saw yesterday. Early trade was lower on a 931K ethanol report compared to 947K last week, followed by a bounce with corn ending on very little total change. Volume was low as trade continues to take mostly a sideways approach to the upcoming supply/demand report. Most analysts feel that any changes on this report will be minor. For that reason let’s continue to watch how traders pre trade this market going into Tuesday…

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    Allendale Advisory Contributor:

    Ryan Ettner

    Ryan Ettner

    Ryan started with Allendale in 2009 after working on the grains floor at the CME for several years. He also works on his family’s farm in northern Illinois.

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