Heartland Farm Partners

Skip to content
  • Home
  • Twitter
  • heartlandfarmpartners.com
Search

Corn Charts

Corn: Weekly Export Sales

December 30, 2022December 30, 2022 / jeffpetersonheartlandfarmpartnerscom

Corn sales were okay at 782 thousand tons, that was within the range of expectations and slightly below the level needed to reach the USDA export forecast.

Corn: Weekly Export Sales

December 1, 2022December 1, 2022 / jeffpetersonheartlandfarmpartnerscom

Corn sales down to 603 thousand tons, that was at the lower end of the range of expectations and below the level needed for the first time in 3 weeks.

Corn sales continue to run at a pace that USDA is going to have to lower the export forecast.

USDA Corn Yield Estimates

November 9, 2022November 9, 2022 / jeffpetersonheartlandfarmpartnerscom

This year we began with a trend lien yield of 181, that yield was reduced due to late planting to 177, and the current yield is 172.3 up slightly from last month.

Corn: Weekly Export Sales

November 3, 2022November 3, 2022 / jeffpetersonheartlandfarmpartnerscom

Corn export sales up from last week at 372 thousand tons, but that’s still a very small number.

Overall corn exports continue to hint that USDA will be lowering its export forecast in next weeks crop report.

If lower yields don’t offset the lower exports it is possible that corn ending stocks could increase in next weeks report.

Corn: Weekly Export Inspections

October 24, 2022October 24, 2022 / jeffpetersonheartlandfarmpartnerscom

Corn exports remain disappointing at 18.5 million bushels which is below last year and well below the 45 needed to reach the USDA export forecast.

Year to date is down 21.5% versus the USDA expectation of 13%.

December Corn Chart

October 18, 2022October 18, 2022 / jeffpetersonheartlandfarmpartnerscom

Corn prices have turned lower off the highs posted last week.

Today’s low at 6.74 is 32 cents below last week’s high.

When we look at the chart turning to the downside and the technical, that tells us that chart and technical based traders are probably looking for this market to push down towards the recent lows at 6.61.

Corn: Weekly Export Inspections

October 11, 2022 / jeffpetersonheartlandfarmpartnerscom

Corn inspections were very disappointing at just 18 million bushels.

That’s well below last year and well below the level needed to reach the export forecast.

December Corn Chart

September 28, 2022September 28, 2022 / jeffpetersonheartlandfarmpartnerscom

Corn prices pushed just slightly below trend line support this morning, but we turned around and closed higher.

This level, as we mentioned yesterday, does need to hold.

If it doesn’t hold it could open another 20-30 cents of downside risks going into harvest.

The short-term trend has turned downward, technical indicators also pointed downward.

Posts navigation

← Older posts

Missed yesterday's market update? Click the categories below to find previously broadcasted info.

Categories

  • Closing Market Comments
  • Corn Charts
  • Corn Outlook
  • Crop Progress Reports
  • Crop Reports
  • Ethanol and Fuel
  • Exports
  • Grain Market News
  • Planting and Crop Conditions
  • Soybean Charts
  • Supply & Demand
  • Today's Prices
  • Uncategorized
  • Weather & Soil Data
  • Wheat Charts
  • Yield & Production

Heartland Farm Partners

5925 N. 28th St. Suite 101
Lincoln, NE 68504
877-577-2771
 

Loading Comments...