We're on the eve of a grain report, which will likely highlight larger export sales. Despite this, the market is currently driven by excitement and short covering. Corn has broken through the 20-day moving average and has surpassed the short-term downtrend, sparking some buying action. To maintain this momentum, we're looking for a strong technical close today, which could potentially trigger more short covering, especially considering that funds were record short just a couple of weeks ago.

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Steve Georgy
Corn Aficionado
Voted “Best under 40” for McHenry County, Earned the “Emerging Leadership” award from Lincoln College. I have been on “This week in Agribusiness”, RFD TV, Rural Radio, AgriTalk, All Ag All Day, KBUF Morning Show, and several other TV and radio programs.

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