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Very Real caution in corn
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djmcountryboy
Posted 9/14/2010 16:40 (#1359434 - in reply to #1359358)
Subject: RE: Very Real caution in corn


Mascoutah, Illinois
The USDA still has one hammer in hand and they will use it. They can raise harvested acres in the October Report which I guarantee will happen. (Probably by about a million acres.) I would not be suprised to see a pullback into the middle $4.60's in December corn before we go higher. By no means do I believe we have seen a top. We still haven't had the monster day of 20 plus cents higher only to be lower by the close.
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