During the early trading on Tuesday, traders were digesting rumors of large corn purchases by China. By the close, futures were quietly lower. Is the lack of conviction by the bulls a sign that we are headed lower yet? Or do they want to see the daily report confirm the sales before chasing new crop corn higher?
Get our daily in-depth analysis delivered directly to your inbox by 5:30 AM CST each morning, along with other services created specifically for farmers, when you become a Kluis Commodity Advisors client. Try our Kluis Commodity Advisors 30-day free trial to test it out.