USDA report Friday. This report shouldnt be a market mover. But if you take this year 2012 May corn range the retracements are 618% 644.50-50% 636 and the 38.2% is 627.50. Major trendline is 624. Friday closes very important. We could have an outside week.

I would like to buy July and sell dec. bull spreading on this correction. Buy is 76.50-72.50 and risk close under 70 cents.