Corn Slides As Trade Focuses On Demand Changes November 8, 2022

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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Allendale, Inc.
4506 Prime Parkway McHenry, IL 60050

1.800.2MARKET | 1.800.551.4626
Local: 815.578.6150 | Fax: 815.363.5511

service@allendale-inc.com

©2019 Allendale, Inc.
This communication is intended as a solicitation for business in the U.S. Please see our full disclaimer.
Site designed and developed by Turnkey Digital.