When the mode rises as it has continually from the low in October, then the stage is being set. The market has absorbed a few inventory and harvesting reports and has rebounded each time.
Targeting $380-$400 on a dramatic push higher.
$354.75 last +6.50
Tim 11:38AM EST 10/21/2014
You've got to quit posting charts on corn. It makes me think back to the 1.5 years I only traded corn when the market was only open for 4 hours a day. 10:30 to 2:30....and the traders still took a full hour lunch break and the market went dead. In the 4 hour session the volatility was more than all the Index's/Bonds etc.
I really miss my 3 hour trading days!!! That was a nice run while it lasted.