It was quiet again in the corn market Wednesday. December corn had a range of only 3 cents and closed down a half. There are a lot of yield reports circulating on the websites from farmers that yields are down 10-20 percent...
Corn closed out the week Friday on a positive note with gains of 6-7 cents a bushel. December closed above the 21- and 40-day moving average, but the 50-day moving average acted as overhead resistance and corn could not break through...
Corn saw a fairly tight trading range again Thursday and closed at the lower end with losses of 2-3 cents a bushel. Weekly export sales were called disappointing at 703,500 MT for 2016-17 and 21,100 MT for 2017-18...
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