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NE North Dakota | So is $3.22 support? Contract low? Where is this thing headed? |
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| 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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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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20 miles west of Indianapolis Indiana | Lower
Big crop coming |
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Midwest | I doubt there will be a corn rally any more this year. |
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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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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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| 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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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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SEIL | more wives? or more silver? |
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Odd pocket,Illinois | Silver, I don't need more wives, one is too much already. |
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Lyons,NY | singing to the choir |
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Northern Nebraska | Where is the best corn in the country right now? |
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NE SoDak | Bluntd, SD |
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Dec corn
