McLean County Farm Bureau

Wednesday marked the fourth consecutive lower corn session, but given typical timely harvest pressure, recent losses haven’t been much to write home about.

“Like guests and fish, markets start to stink after moving three days against the trend. Can we still call corn an uptrend in its daily chart?

— Darin Newsom, Omaha consultant

 

“”We’re seeing some harvest pressure related to these farmer sales that have increased. These are still really strong values for this time of year,” said Joe Camp of CommStock Investments. Looking ahead, focus will be on how strong the values will remain as low river levels continue to restrict grain movement. READ AND LISTEN