Good Morning !
The December Corn is trading a little lower after yesterdays surge over $4.00. As I write were trading at 389 3/4 down 4 1/4 cents. The range is 393 3/4 to 387. Traders remain focused on the war, and it is not Afghanistan, Iraq or Iran. They are glued on currency swings that will drive commodity prices higher if the U.S. Dollar cannot find a bottom. Keep in mind folks were in November and historically can you name a season we were trading at 390? Keep following the U.S. Dollar trade. Harvest and weather news. And where the Producers and Funds are trading. These ingredients will spell out how far this market can rally ! On the Energy Front we remain in a trading range with great swings provided you swung the bat the right way.