Old crop corn bulls to a new weekly high in reverse is violently into the close

Today's grain trade has further weather concerns pushing corn higher, but reversals occurred as the market became overbought. We will continue to have poor exports in the future, which is similar to what has been going on over the past two months. Corn is $4.60 out of Brazil, and the US will be selling much.

Heartland Market Talk
Heartland Market Talk
Old crop corn bulls to a new weekly high in reverse is violently into the close
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Today's grain trade has further weather concerns pushing corn higher, but reversals occurred as the market became overbought. We will continue to have poor exports in the future, which is similar to what has been going on over the past two months. Corn is $4.60 out of Brazil, and the US will be selling much.

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