CBOT Corn – holding the gap, building on prior strength

In our last US Futures Summary Report (April 5) we advised readers to consider buying dips in July corn, down to as low as 240. We’re sticking to that message in this report. We also want to take a closer look at some of the factors we think are playing a supportive role for prices.
There is less speculative overindulgence in corn than raw COT figures might suggest, and more room to go if there’s another run in the market. (continued…)
Continue reading “CBOT Corn – holding the gap, building on prior strength”