Grains generally trade higher into Christmas

A moderate gain was noted for corn futures today. This market has yet to take out last week's 589 1/2 high over the 593 1/2 high from 11/2. One thing bulls can point out is that prior pushes to higher prices did not hold into the close. Today's March corn close was the best of this recent uptrend and is the best since 7/1 believe it or not. The trade is still discussing energy prices, inflation and the hope for Chinese buys.

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