Corn Slides As Trade Focuses On Demand Changes

Another day of sliding corn values was noted. Today's trade slipped below a minor uptrend line. It is the lowest trade since September 28. Corn is officially still in its two-month trading range, 706 1/5 - 654 but it is on the lower end of things. The trade feels USDA will be forced to recognize known demand problems again. The size of that acknowledgement is the question.

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