Right near the close, corn shoots up amid rumors that china/japan one and or both bought and need more yet. Should be interesting monday a.m.
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Corn rocks at close..
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yeah the chinese are short between 400-600 million bushels so things could get exciting monday. But who knows they have been buying beans like a b**tard for 11-12 crop and these can always get cancelled if things shape up in 6 months. Bigger deal is corn broke 666 who knows where resistance will be at? cotton any advice?
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In late June/08, corn hit $7.65 I think it will challege that number again, particularly if midwest storms continue and seeding dates are delayed.
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