Grains hope for positive news from USDA. August 11, 2022
The return of a little weather risk, in addition to reduced interest rate concerns, was positive for corn. Today's trade looked good with highs just over yesterday and a close on the day's highs. This was the best close for the December in one month, 7/11. Also quite positive, it ended the day over the activation point needed for a Head & Shoulders bottom on the charts.
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