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Imagine if news this week was bearish corn
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djmcountryboy
Posted 8/16/2013 22:36 (#3271938 - in reply to #3271347)
Subject: $5.08 in the December contract


Mascoutah, Illinois
$5.08 is upside resistance and $4.26 is downside resistance. Until we break either, range bound is what we are. No rain in our ten day forecast the last time I checked and with us being six weeks late we are going to be looking at the last week of September to get us to black layer. Despite our 42 plus inches of rain here year to date, we could use a drink and then some heat. These nights in the low to middle 50's are doing the soybeans no favors.
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