April 19, 2014

Corn Commentary

Posted 4/17/14

Light profit taking was seen in corn today despite seeing moderate old crop export/sales of 602,000 and strong new crop sales of 192,600 tonnes. Most of the influence seen on corn today was light pressure seen from a generally favorable 1 – 5 and 6 – 10 day rainfall maps to encourage planting. There is certainly a chance to see some planters moving this weekend with many more likely to start next week….Ryan Ettner

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    Allendale Advisory Contributor:

    Ryan Ettner

    Ryan Ettner

    Ryan started with Allendale in 2009 after working on the grains floor at the CME for several years. He also works on his family’s farm in northern Illinois.
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