May Contract Liquidation April 22, 2022
The week's trade may not look too exciting on paper. Compared with last Thursday's close this week's trade saw July up 5 1/4 cents and December down by 10 3/4. Considering new contract highs were posted on Tuesday it is still impressive. The later week trade ended on a down note with liquidation in the May contract and USDA confirming a third Chinese corn buy (buy the rumor-sell the fact).
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Allendale Insider
Allendale Insider
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Exports Expected Poor, Grains Move to a Range
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End Of The Week, Holiday Short Covering
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