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Tries to Buy GreenlandWhat's Moving Markets Monday Morning?Watch This Overlooked Stock Chart as the Secular Commodity Bull Run Heats UpMarkets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines.In the Grains sector, the latest social media post decreed 25% tariffs on any country doing business with Iran.Morning Summary: As I watched financial news early Tuesday morning, there was something missing. Day after day there has been something dramatic attached to – well, you know who. But as the initial talking points were unveiled, it wasn’t there. The US hadn’t done anything (fill in the blank with your own word) overnight, which is unusual, turning the discussion to actual market goings on. The host (Steve Sedgewick of CNBC’s Squawk Box Europe) then talked about how gold and silver continue to skyrocket, the former posting its highest close on record Monday afternoon while the latter continues to climb to record highs nearly every day. (For the record, Feb gold closed Monday at $4,614.70 while March silver posted a high of $86.34 to open the week.) The common theme of talking heads is that this is safe-haven buying tied to the concern over the independence of the US Federal Reserve given this past weekend’s developments. Mr. Sedgewick then made the point that no other sector of the market is indicating concern as equity markets continue to hit new highs as well. Given this, it could be argued the Metals sector is wrong and Equities are right; Equities are right and Metals are wrong; or those saying the rally in Metals is nothing more than safe-haven buying are wrong. If we believe the idea “markets are never wrong”, the answer would be the last choice. Corn: The corn market extended Monday’s meltdown overnight through early Tuesday morning. It’s interesting to note trade volume was elevated, likely due to follow-through selling from the fund side of the market. March dropped as much as 2.75 cents, dipping below $4.20, before recovering slightly, trimming its loss to 1.0 cent as of this writing while registering 43,000 contracts changing hands. How best to summarize the corn market after yesterday’s reset? The fundamentals of the market have not changed. Based on the Law of Supply and Demand, and tracking the National Corn Index ($CNCI), we know US supplies outdistanced demand throughout Q1 of the 2025-26 marketing year despite the strong pace of exports over the quarter and beyond. As of January 1, the pace projection, based on total export shipments, was roughly 4.5 billion bushels (bb), up about 64% from last marketing year’s reported shipments of 2.72 bb. The question is how long this pace can continue. The May-July futures spread covered 36% calculated full commercial carry at Monday’s close, as compared to the end of December’s 30% and the 2025 edition of the spread covering 6% this same week last year. In other words, the longer-term commercial outlook has been less bullish than a year ago.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,903.84 -59.90 (-0.86%)Dow 3049,035.52 -156.47 (-0.32%)Nasdaq23,375.26 -334.62 (-1.41%)Russell 20002,633.21 +0.10 (+0.00%)VIX17.67 +1.69 (+10.60%)Gold4,642.30 +43.20 (+0.94%)Trending tickersBTC-USD Bitcoin USD 96,747.12 +3,137.44 (+3.35%)ROLR High Roller Technologies, Inc. 29.15 +25.63 (+698.37%)C Citigroup Inc. 111.62 -4.69 (-4.03%)BAC Bank of America Corporation 52.30 -2.24 (-4.11%)RIVN Rivian Automotive, Inc. 17.21 -1.65 (-8.73%)PortfolioSign in to access your portfolioSign inTop gainersCRML Critical Metals Corp. 17.95 +4.43 (+32.75%)BTDR Bitdeer Technologies Group 14.70 +1.92 (+15.07%)VKTX Viking Therapeutics, Inc. 35.10 +4.41 (+14.36%)UEC Uranium Energy Corp. 17.43 +1.87 (+12.06%)ERAS Erasca, Inc. 8.37 +0.86 (+11.46%)Top losersTCOM Trip.com Group Limited 62.27 -13.42 (-17.73%)PI Impinj, Inc. 177.10 -22.44 (-11.25%)DAVE Dave Inc. 188.80 -22.92 (-10.82%)NAVN Navan, Inc. 15.54 -1.71 (-9.91%)VIA Via Transportation, Inc. 24.22 -2.65 (-9.86%)Most activeINTC Intel Corporation 48.41 +1.12 (+2.37%)NVDA NVIDIA Corporation 181.95 -3.86 (-2.08%)PLUG Plug Power Inc. 2.3450 +0.0650 (+2.85%)ONDS Ondas Holdings Inc. 13.17 -0.72 (-5.20%)BBAI BigBear.ai Holdings, Inc. 6.09 0.00 (0.00%)Top economic eventsEarnings eventsMy earnings eventsEarnings events