Despite a sideways trend through much of the spring, a grain market analyst remains confident corn futures will experience a strong summer rally.
Speaking to Brownfield in early April, Naomi Blohm with Stewart-Peterson said analytics pointed to a high probability of new crop corn contracts reaching $4.50 sometime in June.
Moving into Memorial Day weekend, she says traders will have to face reality sooner than later.
“When you have a crop in Illinois, right in the heart of the best soil in the country, that is not getting planted in a timely manner.
Continue reading Blohm still bullish on corn at Brownfield Ag News.
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