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Continuous corn chart
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Rob.Cogdill
Posted 6/19/2017 21:27 (#6079740 - in reply to #6079473)
Subject: RE: Continuous corn chart



In a van, down by the river.
The dust-up in 2015 was fueled by massive short-covering by the funds, who then rode their own wave to a large long position...and then they shorted it again. This year it seems their short-covering rocket fuel failed to propel us beyond the pull of gravity. They bought a billion bushels and all we got was a lousy dime (or so...). Maybe I have backyarditis, but things don't look bad enough yet to blow this higher.
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