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Time to sell corn?

Time to sell corn?

Daily and weekly corn price momentum indicators are "over bought and are warning of a price correction."

Daily and weekly corn price momentum indicators are over bought and are warning of a price correction, says David Reinbott, agriculture business specialist with the University of Missouri Extension.

“I would not be surprised to see a 40 cent price break at any time. With the prices being offered at this time, it may not be a bad idea to make some sales,” he says.

Reinbott takes a look at corn, soybeans, wheat, cotton and rice in his latest Grain Marketing Commentary.

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