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TFC Commodity Trading Forum

Dec Corn *PIC*

I usually post on Stockwits, under OakCliffCop.

In the corn belt, soil is still wet, plenty of sun shine. Which is great for growth of product, bad for price, since there is plenty of product.

The reason for rise in price past two days:

1) Rumor that Farm Bill will pass in Congress
2) Ports in South America threaten to close

Below should be a 15min chart (today), showing price was about to drop. It did as planned, but today is a FED day.

Risk Greater than Reward.

SOH (Sit on Hands)

Messages In This Thread

Dec Corn *PIC*
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