Progress report on Monday. Too early to expect much influence from these reports but the usual knee jerk reaction is always possible. Thursdays pit session tried to break down through the 493 area five times and kept bouncing back up. That seems bullish, but the chart looks bearish (to me). Analysts on US Farm report are saying 5.50-6.50 into June-July but of course they're net long no doubt. The seasonal trade in C Z (short) begins the end of May, presumably when farmer selling increases. The USDA's early prediction is 3.50 by fall harvest time. I personally think Monday will be a down day, but it's always a 50/50 proposition from one day to the next. The corn chart also looks like a very well defined head and shoulders pattern about to drop down and form the right shoulder.
Just my useless observations, not meant to influence anyone's trade.

TIMWAR