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Starbuck Manitoba Canada | I had the same observation Mr. Grain back about 10 months ago. and it has proven to be quite accurate. I had mentioned back in February that grains could see a nice rally based on this chart of yours. It's on, but will only last for another month as you mentioned.
One thing that may lower the rally some it the highs of 2011-2014 were slightly higher than the 2021-2024 highs. Although the gap in corn is at $5.16, we may have a hard time getting above $5.00.
Thanks for the chart, and I hope some take a look and realize that charts do help in finding directional trends (long term at least). | |
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2014 vs 2024 corn
