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Red River Valley | Over the course of the last 5-7 days corn has slowly built into a inverted Market with today's move sealing the deal in the March / May.
This move would lead one to believe that sourcing corn is harder for the market than carryout would imply.
I would feel much better had corn not waited tell March was in delivery before it inverted but it has pulled May/July tighter in the process so we do have that going for us.
Could be just tight farmer holding because of low cash prices or maybe just maybe 1/4 stocks hold a surprise??
If it truly is a 1/4 stocks surprise in the making May/July should at least be flat by the report if not inverted.
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Is Corn trying to tell us something
