Surprise in corn + MarketWatch easy-to-read charts
Last week’s expected corn pattern didn’t go so well, but it did end the week on an unusual high, judging from the week’s prices.
Source: http://www.marketwatch.com/investing/future/corn
So, even with all the news about corn shortages, I will try to capture some profits in the first couple of days this week.
However, looking at my semester’s trends, it does seem like my short wheat position is still a much better long-term option than the choppy history I’ve had in the corn markets.
Therefore, I’m going to stick with learning some more corn lessons in the last couple of weeks, and hopefully take home some profits from getting out of two of my wheat contracts before the week begins.