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Dec corn
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eastndfarmer
Posted 7/29/2020 07:38 (#8402451)
Subject: Dec corn


NE North Dakota
So is $3.22 support? Contract low? Where is this thing headed?
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kst1
Posted 7/29/2020 07:59 (#8402490 - in reply to #8402451)
Subject: RE: Dec corn


That looks like the next stop, doubt it holds. The weight of the market this time of year needs better support than a contract low.

I would prognosticate a new contract low in the 3.1x somewhere, then a small rally to make sure we are all out of buyers before a final flush. Find a low around Labor Day, then rally back for the next 3 months. Not saying the final flush is going to be to 2.50 or that the rally back will be a buck. Just an orderly downpressure on price, then a dead cat bounce into a price we can swallow a little easier.
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Palmtopper
Posted 7/29/2020 08:03 (#8402496 - in reply to #8402451)
Subject: RE: Dec corn


SE Iowa
300 1/4 will get tested buy the front month..ether u or z

edit to add...we have to find the "energy" to do that...

Edited by Palmtopper 7/29/2020 08:06
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GrainTrader
Posted 7/29/2020 08:16 (#8402519 - in reply to #8402451)
Subject: RE: Dec corn



20 miles west of Indianapolis Indiana
Lower

Big crop coming
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Cornstalk1
Posted 7/29/2020 08:22 (#8402531 - in reply to #8402451)
Subject: RE: Dec corn


Midwest
I doubt there will be a corn rally any more this year.
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kts
Posted 7/29/2020 08:40 (#8402555 - in reply to #8402451)
Subject: RE: Dec corn


Odd pocket,Illinois
Probably better off asking the majic 8 ball that question,it can guess just as well as the gurus can.
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Bonpas
Posted 7/29/2020 08:48 (#8402566 - in reply to #8402555)
Subject: RE: Dec corn


SEIL
That IS what the gurus use.

BTW: I have some 100oz silver bricks when you're ready.

Edited by Bonpas 7/29/2020 08:51
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fezman
Posted 7/29/2020 08:54 (#8402581 - in reply to #8402566)
Subject: RE: Dec corn


Look at a monthly continuous chart. We haven’t been under 3.00 for any length of time for years. We go through the downside and stay below for a bit, this harvest low could get uglier than most of us are counting on.
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kts
Posted 7/29/2020 09:06 (#8402606 - in reply to #8402566)
Subject: RE: Dec corn


Odd pocket,Illinois
Wife already has a few bricks of silver stashed away somewhere, I need to find it before wanting any more.
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Bonpas
Posted 7/29/2020 09:19 (#8402634 - in reply to #8402606)
Subject: RE: Dec corn


SEIL
more wives? or more silver?
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kts
Posted 7/29/2020 09:25 (#8402646 - in reply to #8402634)
Subject: RE: Dec corn


Odd pocket,Illinois
Silver, I don't need more wives, one is too much already.
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r joseph
Posted 7/29/2020 10:15 (#8402720 - in reply to #8402646)
Subject: RE: Dec corn


Lyons,NY
singing to the choir
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Hilltop Husker
Posted 7/29/2020 10:26 (#8402734 - in reply to #8402519)
Subject: RE: Dec corn


Northern Nebraska
Where is the best corn in the country right now?
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caseih9280
Posted 7/30/2020 09:35 (#8404574 - in reply to #8402734)
Subject: RE: Dec corn


NE SoDak
Bluntd, SD
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