(edited)Marketing
As harvest winds on, and with corn harvest estimated approaching 50% by some private forecasters amid a lack of USDA data, corn quietly slipped lower making new lows for the month below 410 before closing higher on the day just above the 412-5/8 technical level from the year's high and low.
We only traded below 410 from 7 AM to 8:40 AM CDT. For individuals that are looking to institute a re-ownership strategy, seeing when the market was below that level could have made a difference.
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