The December Corn is continuing it's run in the electronic session trading at 390 ½ which is up 1 ¼ cents. The trading range has been 391 ¼ to 387 ¾. I still remain bullish and look for a drive to test $4 Corn. And with the current administrations handling of the economic stratosphere we may have somegas in the tank to reach $5 Corn.
Speaking of gas in the tank. On the Energy Front we await the Energy Inventory data released at 10:00 C.S.T. I expect no surprises in any disruption in movement of product do to the storms in the Gulf. It may show up next week. In the meantime August Crude Oil is trading at 7476 which is 69 points higherand anticipate a good sell.
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