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South Central Iowa | Corn was pretty strong! $3.59'2 settle on the March. Last trade was what would make me hesitate a little. It traded $3.57'6. But that is still really strong! Top 10% of range would be $3.58'2. So that is trend type, expect follow through. Other hesitation would be the rejection of $3.60 on the continuous. For funds that have rolled Dec to March, that will be a solid line. But March contract's October high was $3.69. So that should be our target of we break $3.60. But God that market was strong today. Straight up at open and no pullback to speak of! | |
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Buying on the close
