Grains end the week higher, despite neutral/slightly disappointing USDA. August 12, 2022
This was a big week for corn. Gains of 32 1/4 cents were noted for the dominant December. USDA recognized some of the bull yield argument and many feel confident another yield decline will be seen in the next month or two. The charts look great right now. The H & S bottom formation was activated this week and today's trade saw the best close in over a month and a half.
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