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TFC Commodity Trading Forum

March Corn *LINK*

Tuesday USDA report the 10th

Brazil's CONAB crop production est. Thursday the 12th

Insurance avg right now: corn 412.75 and beans 958.25

that equals a 2.32 corn bean ratio.

IMHO the USDA report will be sold if we make new highs in corn

around 394-396 and 402.

As usual market reaction will be important.

March corn still trading between the 50 day ma res and support at

the 5 day 10 day and 20 day ( 10 day and 100 day is 379-379.50)

Keep eyes and ears open to outside news that moves the US Dollar,

Crude oil and the PNW dock problems.

I am leaning that this week puts highs in for the month and we trade

sideways to lower to finish the month. Time will tell

Again have resting sell orders in with your broker, elevator or cash basis

for the report.

Messages In This Thread

March Corn *LINK*
Re: March Corn *LINK*
Re: March Corn