11-09-2011 07:55 AM
Well, the air may have been taken out of things a little today.
USDA may have disappointed with a 12.310 crop and 146.7 yield. I think the market wanted something a little more drastic to get us going to the upside. As of writing this, OTC corn is trading unchanged to slightly easier.
Beans were 3.046 and 41.3 respectively. That isn't going to help either.
Outsides getting pummeled. This will be an interesting trade today.