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Did we have a good report today? Why is corn up 11?
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TNalfalfa
Posted 10/20/2011 16:06 (#2012621 - in reply to #2012574)
Subject: Supposedly,



Middle TN
the export report was bearish. (1.843 mmt vs. the trade expectations for 2 to 2.5 mmt)

I viewed the response as positive as the trade actually finished higher on the day. Much like when it didn't respond in the expected direction when we had an early frost up north. Hopefully, it continues to ignore "bearish" information.
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