Sep 19, 2014
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Current Marketing Thoughts

RSS By: Kevin Van Trump, AgWeb.com

Kevin Van Trump has over 20 years of experience in the grain and livestock industry.

A Key ingredient to corn "demand" is missing

Jun 05, 2014

 We are seeing both Argentine and Ukraine corn being  offered $0.20 to $0.25 cents cheaper than US corn and we are hearing more and more talk that US exporters are going to start losing out to South America and Ukraine in the months ahead...specifically during the months of Sept, Oct and Nov.

Color corn

Keep in mind the one saving grace for the corn market has been the huge increase in overall "demand."  You take away the bullish "demand" card or at least start to place some doubt in regard to its trumping abilities,
royal flush
leaving the trade to digest 91-92 million corn acres with near optimal growing conditions (at least for the time being) and it becomes very difficult to sustain or mount much of a real rally. 
 
With this in mind, don't be surprised if painfully grind lower for a period of time. 

 
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