Corn Ending Stocks
Dec. 1.998
Jan. 1.877
Feb. 1.777
Can you see a small story? Long corn and long corn short beans.
IMHO would like to see March corn rally to 392, 397 and 401.
Reward that rally with sales of old crop and some new.
Repeat my price ranges for new crop corn and beans
Post was on 2-25-2015
Corn highs 455-465 lows 372-355
Beans highs 1048-1068 lows 855-835
Weather will have effects on the ranges.
Will be up dating thru growing season,
US Dollar
High 121.29 7/2001
Low 7105 4/2008
618% = 102.15
There was a gap on the monthly chart which did get filled
Low 104.12 7/2002
High 104.48 12/2002
Could we retest these numbers??
Also on the monthly chart there still is a gap open
Low 111.88 9/2001
High 111.28 6/2002