Corn started out strong this morning and now has lost all its gains after the report that the corn harvest will be way below expectations.I don't get it!!
These are "futures" and all that negativity was already in the market. We are just now filling the first gap on Dec. Corn.
Confucius says 'buy the rumor, sell the news'. Well someone stated that adage.
profit taking. fundamentals haven't changed. bring on 50!
Yes, odd that it dove past yesterdays close. I hope someone can explain why its falling. No one should be selling they should be buying.
Well, it sure was not due to any rain in the forcast.!