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Middle Tennessee | Maybe blu or another technical expert can correct me here, but the carry to December when U went off the board was somewhere around $3.40 (I suppose it depends on when you roll: final day of trade, first day of delivery, volume roll...) ? Is there a small gap on the continuous chart or not? If traders perceive there is a gap, I guess it should fill sometime probably this year. Hard to see a catalyst this week or next to take corn down 10 cents. Who knows, maybe sellers will come out swinging at 7 tonight. | |
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Bottom in corn market
