4-01-18
Happy Easter All

USDA does it again
Both Corn and Soybean acreage down
Stock numbers were on the bear side
We won't be running out of grain.

BUT imho we need to rally corn to get some more
acres.

Weather looks cool and wet for April

The weekly range for SK, SN, SX and SMK...
all came on Thursday's daily range.
Impressive close. BUT we still have the 4 week highs
as resistance for SK and SN.

Corn/CK and CN have resistance at there 4 week highs.

Dec Corn with the acres should hold and NOT
close under $4.00
Res: is 414.50-416.75 then 421-422
Sup: 406.50-403.00

Swing numbers for CK is 26 cents=421.25
CN is 25.25 cents=428 and
CZ is 20.50=432.50
Just some targets for the month of April (HOPE)

Buy breaks