Wind Comes Out of Bulls' Sails

Posted on 03/09/2017 10:22 AM
Corn futures faced heavy selling this week as rains and milder temps moved into the Corn Belt and funds actively liquidated long positions. In five days, December corn futures retraced more than 75% of their strong two-and-a-half month rally. Soybean futures also posted sharp losses, though the market held up much better than corn. Whe...