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Corn News
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Sat
Posted 2/4/2014 10:35 (#3661600)
Subject: Corn News


Buxton ND
Here's a tweet I picked up this morning.
"Ag advisory's banner headlines past 24 hours: Monday, AgWeb asks 'Can Corn Dip to $3.50?' ... Allendale today 'Can Corn Go to $5?'"

Then we have 2 threads below,one can corn really go to 2.75 and another $2
From the Agweb tweet above maybe these guys have missed that if we can close higher today it will make 10 out of 11 days corn has closed higher.

Things I've noticed the last 2 weeks
On the 17th the CFTC report was all mess up,it was corrected later (this got my ear perked up)
Very heavy spread trades with 10k daily becoming the norm. (ears perked )Those spreads roughly 2 X of pit trade
Nice action in corn last week,more so Friday,MUCH MORE SO with that 3 cent gap that NEVER happened Sunday,,,,,,,,,,,,,,,,,,that's the big black box traders playing games guys......................................................
And just some positive things in general in corn that we have not seem for months is getting me more in the """PLUS""" 4.50 ZHC camp.
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