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SE Iowa | Res is old big volume of trade @ 6.92 basis H
Rally today is rumors china back in sniffing at corn from us.. we will see.. we did close at 200 day ma so I would expect 92 to be tested..
Safrina planting will have plenty of moisture to work with going forward and will not have any wx risks for some time.. so now we move to our wx and the spring out look.
Edit to add the feb forum will be out with base line numbers which will be bearish (I would expect 1.8-2 bil c/o using trendline) but I dont think the trade pays much attention and i wouldnt either but just a back of the mind thought
Edited by Palmtopper 1/24/2023 15:41
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Corn resistance
