Corn FuturesLong
After pullback, long ZC
Strong technical upward trend last few weeks on ZC which broke price levels not seen since 2014. Expect some volatility going into next week's WASDE report on 1/12/21. From a fundamental side, current La Nina weather pattern in the Pacific could impact South American crop production.
After a pullback, I am anticipating this trend to continue. Targeting mid to upper 500's by February/March.
After a pullback, I am anticipating this trend to continue. Targeting mid to upper 500's by February/March.
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