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AgWeb Radio: Closing Commentary 9-28-11

13:42PM Sep 28, 2011

Bob Utterback of Utterback Marketing says the bulls started waving the white flag today. Corn closed below the 200-day moving average. Early yields are higher than expected. The market is trying to find a bottom -- next level for corn could be 5.75. Prices are moving toward a break-even as cash rent and other input prices rise.