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NWMO | Seems that Dec 24 corn has been clinging to the 2.5:1 ratio with Nov 24 soy for dear life for the past 2 months. There’s no news to help corn move on its own merit, appears to me that we won’t see $5 corn until beans hit $12.50+ or there is some big news to break it out of that. I’m just holding my horses, maybe I’m a fool, but I think $4.90-$5.10 corn is in play if a planting delay/weather event occurs | |
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Corn
