Corn Watch: CBOT Corn Called Mixed.

Resource News International, October, 2004

Winnipeg, MB, Oct 13, 2004 (Resource News International via COMTEX)

Corn futures at the Chicago Board of Trade (CBOT) are seen starting Wednesday's session in mixed territory. Although the latest USDA corn production report weighed on prices Tuesday, the bears were not fully in control, and several analysts felt an 'exhaustion tail' could be forming, which could move prices higher. However, harvest pressures and a massive U.S. corn crop were expected to result in choppy activity Wednesday.

The CBOT December corn future finished Tuesday's trading session down 2 1/4 cents at U.S.$2.02 1/2. An extremely bearish USDA corn production report sent December corn below the U.S$2.00 per bushel mark early in trading. However, prices quickly filled the gap, which...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement