Corn Farmer -
looking at Weekly May 17 chart - The HnS target projects near 390 This also happens to align w/50% of the down leg ( 455 to 332 ) which is 393.5 - so two targets in the area. March trading at 7cts lower so Target may be near 383. (didn't figure it) I'm poor at timing - but thinking Chrismas at min - or Jan-Mar planting carrot rally. I think any weather could push us higher then 400 into Spring, maybe 450 if problems actually materalize. Should actual drought sneaks up on us - and We don't mention it here on AgTalk, maybe we can enjoy a decent rally. lol like I said - guessing here - maybe Fry or some one smarter at timing can help us out.
Thanks
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