8/13/2019 Corn Report Apr 11 2013

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ZCK3 ZSK3 ZWK3

Support Resistance Support Resistance Support Resistance 644.00 1394.50 706.00

640.00 650.75 1393.50 1398.50 692.50 700.00 666.75 1409.75 713.00

632.00 656.25 1379.00 1409.00 680.00 711.50 634.25 1385.50 688.00

626.50 661.00 1361.00 1420.00 673.25 725.50 649.00 1392.75 696.75

621.50 679.00 1350.00 1432.50 665.00 736.50 184,371 104,634 79,835

613.25 1344.00 1440.00 655.50 741.50 1,297,225 576,118 440,638

1337.75 1455.50 640.00 752.50 -19,254 -13,321 -10,311

158,652 101,083 -14,893

609.00 689.00 1322.75 1462.75 636.75 756.75 94,315 77,215 -35,026

22.55 16.30 24.55

Prices at 12:40:06

WK3-CK3 46.50 U.S. 0.00

WN3-CN3 71.25 Germany 0.03

SN3-2*CN3 89.50 Italy -0.01

SN3/CN3 2.1408 Spain 0.01

SX3-2*CZ3 145.50

SX3/CZ3 2.2686 Brent 105.84

Gold 1560.54

S&P500 1583.50 AUDJPY 105.13 M. Wheat 245.25

DJIA 14745 EUR 1.3127 Rapeseed 470.50

DAX 7862 DXY 82.09 Canola 619.90

USDA crop report estimated higher US ending stocks for worldthan the trade figures while US carryover was lower for corn

and soybean.

We expect corn to gain in this week further with more

strength may be visible in old crop new crop spreads of both

corn and soybean.

Export sales report will be published today, where pace of

corn and soybean sales is to be watched to indicate whether

lower prices brought importers to US or not.

From the outside markets, moves in currency may have some

impact.

The United Nations' food agency is optimistic that cereal output will

recover in 2013, which may lead to price declines.

The Taiwan Flour Millers' Association purchased 83,980 tonnes ofmilling wheat to be sourced from the United States.

Spring storms unleashed heavy snow, rain and high winds, including

tornadoes, across parts of the central United States on Wednesday.

India's aggressive corn exports look set to hit a wall as a slide of more

than 13% in global prices since mid-March has made shipments

uncompetitive.

U.S. ethanol stocks rose as output jumped nearly 6% in the latest

week. Stocks were at 17.8 million barrels as of April 5, up from 17.5

million barrels one week earlier. Ethanol output rose to 854,000 barrels

per day in the week ended April 5, up 47,000 barrels per day from the

previous week.

Analyst's Opinion

Volume

Market OI

Key Fundamental News from Reuters

Corn Technical Snapshot

Yesterday, amid highly volatile trading, only corn could settle

with gains while wheat and soybean lost on the daily basis. In

the overnight session, corn is continuing the up move and

soybean continuing its liquidation.

Technical snapshot is indicating corrective up tones for corn;

mixed tones for wheat and slightly bearish ones for the

soybean.Equities Currencies

Commodities

Yield Change - 10-Yr

Daily Limits

Thursday, 11 April, 2013Daily Corn Report

Intercommodity Credit Markets

ZCK3 ZSK3 ZWK3 Previous Day

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High

Low

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Change in Contract OI

Non-Commercial

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30D ATM Implied Vol

Futures First, 2013