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SW MN and Gold Canyon AZ | 4.02 is the 200 day moving ave.
Chart gap starts at $4.27 and goes to $4.43
Wheat went from .90 over on corn to $3.00 in the last rally
One can see why corn had to move higher.
Bulls need to be fed, what will bring corn higher into the gap area?? I think a frost scare could do it, although the crop is ahead of schedule.
Maybe higher wheat prices yet?? I would think wheat needs to do a little house cleaning before going higher. Generally been hard to rally corn in august.
Oats did know something was up !! Amazing
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