September 23, 2014

Corn Commentary

Posted 09/23/14

Today featured a little better buying to match up with the active selling. It took a good amount of selling to get through an increasing amount of support down at these levels. Yield reports came in at a faster pace today as some elevators offer drying deals as they have a strong short term need to see new crop come in as fast as possible. Once again those yield reports did not disappoint with most numbers reported today far above average just as trade is expecting. Right now the big question is: Are these yield reports even higher than the already high expectations? While support…

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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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