Instead of guessing, your time is probably better spent building a plan that enables you to embrace the unpredictable nature of the market.
The bulls have been firmly in charge of late, so what do we make of Friday’s big sell-off?
Glimmers of continued friendly fundamentals will prevail in coming months.
A market correction in corn is inevitable at some point, and in some ways necessary.
Higher grain prices lift cost of production, too.
Domestic soybean meal use may be the first candidate.
The market’s reaction would suggest that the trade doesn’t believe USDA’s numbers.
Without demand from the Food Box program, Class III milk futures are at risk of a price correction.
Overbought markets get lift from USDA reports.
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