Terry Roggensack The Hightower Report Publishers of the 2011 Commodity Trading Guide hightower@futures-research.com www.futures-research.com 800-662-9346 The October USDA Crop Production and supply/demand reports painted a bullish picture for corn, and if the corn crop follows the tendency for “small crops to get smaller” and corn yield comes in even lower in the November USDA report, [...]

Garrett J. Toay AgTraderTalk Clive, IA (888) 359-3895 trader@agtradertalk.com www.agtradertalk.com The corn market rallying in August seemed to indicate the corn yield reports out of the country were ahead of the curve set by the USDA’s crop conditions and production reports. Yield reports in soybeans have been good and it seems the market is less [...]

Mark Soderberg ADM Investor Services, Inc. Chicago, IL (312) 242-7973 mark.soderberg@archerfinancials.com www.admis.com As combines begin to roll across the Midwest this harvest season, farmers are thrilled to once again see a ”5” as the first digit for the spot corn futures contract. That is until they get their local cash bid. As prices have surged more [...]

Garrett J. Toay Garrett J. Toay AgTraderTalk Outlook Clive, IA (888) 359-3895 trader@agtradertalk.com www.agtradertalk.com Markets in May tested the top end of the range, but outside influences and negative fundamentals have grains testing the low end of the range late in the month. The ongoing credit crisis in Europe has created a whipsaw effect as [...]

Eugene L. Kunda, Ph.D. Office for Futures & Options Research University of Illinois Urbana, IL (217) 333-1427 kunda@uiuc.edu www.ace.illinois.edu/ofor  Convergence: the occurrence of two or more things coming together. For a futures market, convergence occurs when the cash price of the deliverable grade of the underlying futures contract at the delivery location, in the delivery [...]