• 4 minutes Will We Ever See 100$+ OIL?
  • 8 minutes Iran downs US drone. No military response . . Just Destroy their economy. Can Senator Kerry be tried for aiding enemy ?
  • 11 minutes Energy Outlook for Renewables. Pie in the sky or real?
  • 41 mins Shale Oil will it self destruct?
  • 5 hours NYT: Mass Immigration Roundups in U.S. to Start Sunday
  • 2 hours U.S. Administration Moves To End Asylum Protections For Central Americans
  • 1 min White House insider who predicted Iran False Flag, David Goldberg found dead in his New York apartment
  • 8 hours South Korea imports No Oil From Iran in June - First-Half Imports Fall 37%
  • 7 hours U.S.- Taiwan: China Says Will Freeze Out U.S. Companies That Sell Arms To Taiwan
  • 18 hours Starlink Internet Courtesy of Tesla
  • 1 day Panama revoked registrations of tankers flying under their flag that have not complied with sanctions. Most are Iranian tankers. Vessel seized in Gibraltar, Grace I, flying under Panamanian Flag. Registration revoked in May. England seizing justified
  • 22 hours Oil Price Could Fall To $30 If Global Deal Not Extended
  • 18 hours Rising air pollution and green house effect
  • 1 hour Trump vs. Xi Trade Battle, Running Commentary from Conservative Tree House
  • 1 day Is This The End of BBQ?
  • 10 hours Germany exits coal: A model for Asia?
Alt Text

Vanadium Spikes On New Chinese Regulations

A new regulatory measure in…

Alt Text

Chinese Rare Earth Exports Tumble As Trade War Accelerates

China, the world’s largest producer…

Alt Text

Lithium Plunging As Chinese EV Production Slows

China’s electric car subsidy changes,…

Mad Hedge Fund Trader

Mad Hedge Fund Trader

John Thomas, The Mad Hedge Fund Trader is one of today's most successful Hedge Fund Managers and a 40 year veteran of the financial markets.…

More Info

Premium Content

A Short Squeeze in Corn May Hit the Market

The US Dept of Agriculture's Friday crop report has left traders carrying short positions in corn (CORN) with a decidedly sickening feeling in the pits of their stomachs.

The federal agency warned that the summer's blistering hot weather has shrunk yields from 165 bushels per acre down to 162.5. The crop in Illinois is looking very poor, and conditions overseas continue to deteriorate at a rapid rate.

In the meantime, the ethanol industry continues to gobble up a larger share of the total harvest, now thought to be over 35% (click here for "The Future Looks Great for the Ethanol Boondoggle").

Unless we get some decent rain soon, some bulls are talking about a revisit of the $7.55/bushel peak seen two years ago. All eyes are now on Iowa, which the USDA should cover in its next report.

Farmers are celebrating, while the big food manufacturers are bracing themselves for further price hikes.

Take a look at the charts of any food product these days, from cattle to sugar to wheat, and they all look great. Will inflation begin its long predicted comeback in the agricultural sector?

CORN - Commodity Trust Fund

Chart 1

Chart 2

By. Mad Hedge Fund Trader




Download The Free Oilprice App Today

Back to homepage


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play