November 1, 2014

Corn Commentary

Posted 10/31/2014

Light profit taking was seen today that was perhaps a bit lighter than most would have expected. Beans spent a good portion of the day strong which likely added some spill over support to the corn. Through most of the day it appeared corn was stuck between the wheat which was double digits lower and the beans which were trading 20 higher near the close. When the dust settled this week corn finished the week strong, possibly a little stronger than expected especially with the disappointing sales this week…

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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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