• 4 minutes Permian in for Prosperous and Bright Future
  • 7 minutes Amount of Oil Usage in the United States
  • 10 minutes America Could Go Fully Electric Right Now
  • 3 hours Kalifornistan, CO2, clueless politicians, climate hustle
  • 5 hours Something wicked this way comes
  • 2 mins JP Morgan Christyan Malek, report this Summer .. . We are at beginning of oil Super Cycle and will see $190 bbl Brent by 2025. LOL
  • 4 hours Tesla Battery Day (announcements on technology)
  • 1 day US after 4 more years of Trump?
  • 7 hours Why NG falling n crude up?
  • 1 day Ten Years of Plunging Solar Prices
  • 2 days Famine, Economic Collapse of China on the Horizon?
  • 2 days .
  • 3 days Natural Gas Saves Southern California From Blackouts
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