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Northeast Iowa | I wouldn't consider it much a reversal other than a report day reaction.
Corn was up 14 with a half hour left in the trade, and fell apart to only finish up 7. I need to keep in mind, we traded way down to fill that gap before shooting up +14 (something close to a 30 cent swing)
Without looking, I think corn opens up 3, a sideways grind for a while this week and eventually putters down. I dont believe we ever exceed the Dec 550 area unless something significant happens.
Happy to eat my words | |
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