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Mascoutah, Illinois | What is your opinion if things are going to possibly get tight and old crop will start to rally? The July contract goes off the board in approximately ten weeks and traders seem to be selling every corn rally for the past two weeks. I can only see two catalysts at this point to rally old crop and one of them is not until the June Report. The second catalyst is always weather and traders do not seem too concerned about weather slowing down seeding. Is their another catalyst out there other than corn following beans higher just out of respect to the price action in the soybean pit? | |
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Who says the Chinese aren't buying corn
