Can Corn Hold Support?

September 02, 2015 | Grain Hedge Insights | Cody Bills

In the overnight session the grains traded slightly lower with corn down 1/2 a cent, soybeans up 3 cents and wheat down 3/4 of a cent. The outside markets are somewhat positive this morning with the Mini S&P up nearly a percent, the U.S. dollar index up .38 percent and crude oil down $.64 this morning. Corn is hovering right around a critical support level of $3.65 which it has tested two times in the last three weeks. If corn closes below $3.65 today, probability increases that prices move...

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