Following a Wednesday trade that left the majority of the traders and analysts scratching their heads as to which direction the markets were heading. Then with today's trading higher on bullish export sales and shipments the trade continued its bullish advance to send corn and beans 20 cents higher on the day with wheat following up 16 to 18 cents. This was one of the few times in recent memory that prices continued higher as the day progressed. The noncommercials got on board today helping support prices throughout the day. As of this writing the bias is for a higher opening in the night trade.
Chuck Peterson
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