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Start of seasonal rally? Corn nearing breakout - Market comments
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DeereMan97
Posted 5/3/2024 10:37 (#10727243 - in reply to #10727044)
Subject: RE: Start of seasonal rally? Corn nearing breakout - Market comments


NWMO
Personally, I’m going to start making small sales once we get into the $5-$5.20 range and just play it conservatively until we get an idea of where this market wants to go.

Decent money can be made in that range, and excellent money can be made at the $5.20-$5.50 range but I’m not going to hold all my eggs in hopes it’s gets there, so I’m going to make sales on the way up and hope to average out well.

Many of us were guilty of not selling last summer because we wanted $6.50 corn and we got greedy. Not this year, when interest is high and inputs are high making a killing isn’t the goal, making a profit is the main goal, we made our killings back in ‘21 and ‘22.


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