Corn (9/10/06)

It is starting to be harvest time.
Seasonly it is time to watch for a bottom in corn through November.
It has broken to new lows and bounced back.
Dec still has a premium.
Ethanol plants are buying future production.
Continued.

New demand is coming on and more people to feed.
Soybeans are a drag on the markets.
Wheat is strongest but corn will come on next.
Be prepared to buy some corn options for next years crop as the market bottoms.


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Assigned to category: agricluture | commodities
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