The following information is bonus material from Top Producer. It corresponds with the article, “Market Strategy” by Jerry Gulke on page 20 in the October 2008 issue.
Market Strategy Weekly Corn Chart
Corn weekly price chart shows a downtrend.
Related Stories
Funds have liquidated their long position in corn and trimmed their long position in the soybean complex. So how much more downside risk does that leave on price?
A three-year break-even is typical, but certain field conditions, farm practices and cost-share programs can move your ROI into the black sooner.
Mark Schultz of Northstar Commodity says grain markets also saw some position squaring by traders heading into a three-day weekend as the markets are closed on Friday for Juneteenth.
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