Two wheats make new lows. Corn posts its second lowest close.

Corn ended the week with a close that is the second lowest of this long term downtrend. March is just 6 cents away from retesting the recent low. Corn continues to do the best job it can in avoiding new lows. The heavy US balance sheet is lightly offset by concerns over Brazil's smaller first corn crop. Its reproductive phase, when weather really matters, runs mid-December through January.

This content requires a premium subscription.

Please login to your premium subscription to view this content in its entirety.

Login

Forgot your password? Reset it by clicking here.
Need an account?
Try our FREE 1 week trial, no card required.
Interested in our Free Webinar?

Sign up now! 

Post Archives

Allendale Insider

On The Go

Market Movers

Snapshots

Trader Insights

Morning Wake up Calls