USDA restarts weekly export sales. September 15, 2022
Corn ended the day with light losses. This came despite the lightly positive railroad news this morning. We'll call the delayed weekly export sales as disappointing. Prices ended the day near the lows. Corn remains in a clear uptrend with the goal for this week an ending over the 61.8% retracement, 688 1/8. If that is surpassed bulls hope for the potential to the 725 3/4 - 728 1/4 gap. At this moment the 50% retracement mark of 664 is support.
This content requires a premium subscription.
Please login to your premium subscription to view this content in its entirety.