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CME corn commentary, funds buying
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Posted 9/10/2013 15:55 (#3319957)
Subject: CME corn commentary, funds buying



Death comes to us all. Life's but a walking shadow
Well, either the funds have some inside dope or they are planning something tricky. Interesting farmers cry wolf all summer and nobody listens. The USDA wispers and the market's ear is to the door believes every rumor. Show you who counts, yes.

Back Month Corn Bid, Aided by Fund Buying

By Pro Farmer - Tue 10 Sep 2013 15:01:21 CT
Related Keywords: Agriculture

Futures ended just off session highs with gains around 5 cents in all but the front-month contract today, which was 2 1/2 cents lower. Funds added 6,000 long positions (30 million bu.) today. Confirmation from USDA of crop deterioration yesterday proved an underlying source of support today as traders began to cover short positions in anticipation of bullish figures in USDA's Crop Production and Supply & Demand Reports Thursday
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