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CBoT corn long play

CBoT corn long play

CORN FUTURES - ECBT CBOT:ZCZ2016

Corn:
Price action did confirm that the bottom is in the market and price moved up some 3% during the week. We call it a bull bias from here but would like to see an impulsive move up during the coming week to secure the move up more solidly. A draw back could still occur but is not in our favourite scenario.