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Buxton ND | Yaa I said 6.5 this morning tho I'll go with 7
Best close we've had in exactly 6 months.
We took care of those 18 millions bushels of sellers in a few minutes and they couldn't drop it a penny then came back strong on the close to close @ 3.70 PREFECT place to gap this baby higher come Sunday
Exports are positive
Money flows positive, and positive since Tuesday and positive for the last month = a 7 I was a 6
Wheat supports corn/corn support wheat rinse and repeat.
So just when you thought I was bearish all the time I'm positive PLUS produces being stubborn on selling cash corn sales is a positive.
The ONLY negative I see is we still have too many DP corn bushels to work thru.
Producers signing these "negative" DP contracts IS hurting your bottom line guys and gals, please keep this in mind in the future. | |
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Well Corn broke its range
