Big Corn Report On Monday

28 Sep in Blog, commodity trading, corn futures, futures broker, Kansas City wheat, Michael Seery, Minneapolis wheat, oat futures, rough rice futures, Seery, soybean futures, soybean meal futures, soybean oil futures, wheat futures

Corn futures in the December contract are trading below their 20 and 100 day moving average with trade estimates coming in at 694 million bushels settling last Friday at 4.51 and going out this Friday down $.03 at 4.54 in a directionless trade this week as traders are anticipating Monday’s trade which should give short-term price direction and I’m still recommending a short position in the corn market with a stop loss at 4.68 which is the 10 day high risking around $

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