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Jerry Gulke DTN Columnist
Mon Aug 4, 2014 07:45 AM CDT

It appears that the month of July has set some records for being the coldest since 2009 and one of a few of the coldest Julys in decades. The 2009 crop year responded with a record yield(s), prompting traders and some commodity trading advisors to use lows posted that year as targets. Most will recall that year (2009) as being the recipient of the post 2008 global economic situation that looked difficult to mend. Corn (the lead contract) lows in July, August, and September ranged from $3.04 to $2.96, thus creating the $3.00 target area as a potential low for ...

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