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| inflation can happen. I don't think something we bank on in 1 or 2 months. Stocks still strong. Gov't will try to intervene some yet to help the working class avoid loss in dollar value. Election and holidays still yet to get through.
CZ seems to be waiting for SX.
SX tested 960 and was turned away today even flirted with red numbers.
I think some sideways from here into Sept report. May leak some.
But the question to ask is, will the USDA make any corrections before yields are reported? I feel they stick to their guns in Sept or slight lowering. But they won't risk going too far and then have to come back up once yields start coming in.
If this scenario would happen, what will the reaction of CZ and SX be after Sept report if they are still 355 and 955? And will traders and funds stick around to find out????
Edited by jimmy 9/1/2020 15:36
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What are the thoughts of which way the corn market moves from here
