Corn Strategy - July 27, 2016
Published
7/25/2016
2015 crop:
Forecasts for cooler, wetter weather sent buyers to the sideline, allowing prices to spiral lower. With futures closing in on 2014 lows, downside risk has become limited, but so has rally potential. We’d place orders at $3.50 and $3.60 basis December futures, pricing 10 percent each, wrapping up old-crop sales.
2016 crop:
Given...
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